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Performance Ag Group Calmar Ltd., Har-De Agri Services Ltd., and 1235962 Alberta Ltd.
Performance Ag Group Calmar Ltd. (“Calmar”), Har-De Agri Services Ltd. (“Har-De”) and 1235962 Alberta Ltd. (“123”) (collectively “Performance AG Group” or the “Companies”) were adjudged bankrupt by virtue of Bankruptcy Orders granted by the Court of Queen’s Bench of Alberta on August 1, 2019. The Bowra Group Inc. was appointed Licensed Insolvency Trustee.
Performance Ag Group carried on business as a supplier of crop input products such as herbicides, feed, seed and related products. The Companies had operations in Calmar, AB (which is located on lands owned by Har-De) and Evansburg, AB (leased premises). All business operations from the Calmar and Evansburg locations ceased on or about the end of April 2019. 123 also owns two parcels of land located in Entwistle, AB.
The Bowra Group Inc. was appointed Receiver (the “Receiver”) of Calmar, Har-De and 123 on October 16, 2019 pursuant to a Court Order of the Court of Queen’s Bench of Alberta.
The Bowra Group Inc., in its capacity as the Receiver of Performance Ag Group, is seeking offers to purchase the assets of the Companies consisting of:
Fertilizer storage and mixing systems; including fertilizer bins, hoppers, elevators, mixing booth, blend sheds and other components;
Miscellaneous warehouse equipment; and,
Office furniture and equipment.
The Bowra Group Inc., in its capacity as the Receiver of Performance Ag Group, is seeking offers to purchase the lands of the Companies consisting of:
4.49 acres of land in Entwistle, AB;
1.01 acres of land with office/shop building in Entwistle, AB; and,
3.66 acres of land with buildings in Calmar, AB.
The deadline to submit offers is 4:00 pm MT Friday, January 31, 2020.
For more information regarding the Entwistle Lands, please contact:
Jones Lang Lasalle (JLL)
Darryl McGavigan, Vice President
The Receiver, in accordance with its powers under and pursuant to the Receivership Order, is applying to the Court for an Order approving an offer to purchase the 2 parcels of lands located in Entwistle, Alberta, and vesting title in the lands in the proposed purchaser. The Receiver’s application in respect of the Entwistle lands is scheduled to be heard at the Edmonton Law Courts at 11:00 a.m. on February 4, 2020. All application documents, including, the Receiver’s First Report to Court dated January 22, 2020, are posted below.
On February 4th, 2020 The Court of Queen’s Bench of Alberta granted an Order vesting title and approving the sale of the Entwistle lands to MLS Property Group Ltd.
The First Meeting of Creditors for Calmar will be held at TD Tower, Suite 1411, 10088 – 102 Avenue, Edmonton Alberta on the 21st day of August at 10:00AM.
The First Meeting of Creditors for Har-De will be held at TD Tower, Suite 1411, 10088 – 102 Avenue, Edmonton Alberta on the 21st day of August at 10:30AM
The First Meeting of Creditors for 1235962 Alberta Ltd. will be held at TD Tower, Suite 1411, 10088 – 102 Avenue, Edmonton Alberta on the 21st day of August at 11:00AM
Court Documents - Bankruptcy
Court Documents - Receivership
Receiver’s Supplemental Report to Court – January 31 2020