On February 9, 2022 Signature Mushrooms Ltd. (“Signature”) and Alliance Mushrooms Ltd. (“Alliance”) (collectively the “Companies”) made assignments into Bankruptcy. The Bowra Group Inc. was appointed as Licensed Insolvency Trustee.
The Bowra Group Inc. was appointed Receiver Manager (“Receiver”) of Signature pursuant to an Order granted by the Court of Queen’s Bench of Alberta dated March 18, 2022.
The Companies owned and operated a mushroom farm out of Ardrossan, Alberta.
The Bowra Group Inc. in its capacity as Court appointed Receiver of Signature is requesting offers to purchase the Companies assets including land and buildings located at:
N32;52;21;W4 in Strathcona County, Alberta (the “Property”)
The Property is situated on 99.83 acres of land improved by an 85,400 sq. ft. mushroom barn with a warehouse/office structure and four residential homes.
The option to purchase existing equipment and chattels, including vehicles, forklifts and other industrial/agriculture machinery and tools is also available.
For all inquires and interested parties please contact:
NAI Commercial Real Estate Inc.
Michael Parsons
(780) 435 5507
mparsons@naiedmonton.com
On August 9, 2022, the Court of Queen’s Bench of Alberta granted Orders vesting title and approving the sale of the Property and various equipment to Nerval Holdings Inc.
The first meeting of creditors in the Bankruptcies of Alliance and Signature will be held via teleconference on the 1st day of March at 1:00 PM MST and 1:15 PM MST respectively. Call in details can be found in the creditor’s packages posted below.