The CCAA reports to the court from Deloitte. At the time of posting, I hadn't seen the 8th report, which was only posted yesterday. I've just read that one as well though, and I'm still not quite sure what you're referring to. On a side note, I did find the following point interesting:
Unless I've missed it completely, I didn't see it mentioned anywhere that WR1 are bound to exercise the call option if a certain funding threshold is received. I'm not saying that's a bad thing at all, and it would seem fairly obvious that Renard will proceed once a funding deal is sorted, but I did find it odd that this point wasn't mentioned in the WR1 release.
Link to what I'm reading is below (just in case you're looking at something different):
https://www.insolvencies.deloitte.ca/en-ca/Documents/11272420%20Canada%20inc%20%28Stornoway%20CCAA%29/Stornoway%20-%20Eighth%20Report%20of%20the%20Monitor%20-%20February%2021%2C%202025%20%28Sealed%29.pdf
The CCAA reports to the court from Deloitte. At the time of...
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