Victoria Gold Corp.
Receivership
Page last updated: November 19, 2024
This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.
Status of File as of October 1, 2024
On October 1, 2024, the Receiver filed its First Report to Court to provide an update on the Receivership Proceedings. A copy of the Report, and a summary of the same can be found under the "Receiver's Reports" header above.
Status of File as of August 14, 2024
On August 14, 2024, on application by the Government of Yukon (the “Applicant”), pursuant to an order (the “Receivership Order”) of the Ontario Superior Court of Justice (Commercial List) (the “Court”), and section 101 of the Courts of Justice Act, R.S.O. 1990, c. C.43, as amended and section 243 (2)(b)(ii) of the Bankruptcy and Insolvency Act, R.S.C. 1985, c.B-3, as amended (the “BIA”), PricewaterhouseCoopers Inc., LIT (“PwC”) was appointed as receiver and manager (the “Receiver”), without security, of all of the assets, undertakings and properties of Victoria Gold Corp. (the “Company”), including, without limitation, all property, assets and undertakings in which the Company has an interest, including the real property as more particularly described in Schedule “A” attached to the Receivership Order, which property includes but is not limited to the Eagle Gold Mine (“Eagle Mine”) located in Dublin Gulch, Yukon, Canada (collectively the “Property”).
The Receivership Order, among other things, appointed Parsons Inc. as Lead Environmental Consultant in respect of the Property.
On August 26, 2024, in accordance with the provisions of the BIA, a Notice and Statement of the Receiver (the “Notice”) was sent to all known creditors of the Company. A copy of the Notice will be posted on the “Notices” page of this website.
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