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Argex Titanium Inc. ARGEF

"Argex Titanium Inc is a Canadian company producing high-grade titanium dioxide (TiO2) pigment. The company has developed a chloride-based technology, which is environmentally sustainable. The white pigment produced by Argex is to be used in high-quality paints, plastics, specialty, and other applications."


GREY:ARGEF - Post by User

Post by TomKCamon Jul 03, 2019 12:45pm
202 Views
Post# 29883672

Here is the list of the creditors. Study it!

Here is the list of the creditors. Study it!Hi all,

I found the list of Argex creditors. PWC, the Proposal Trustee, list all the companies under 'Current Insolvency Assignments' they are linked to. There is different documents available. Currently, there is one for Argex, the notice to the creditors.

Argex Current Insolvency Assignments main pagehttps://www.pwc.com/ca/en/services/insolvency-assignments/argex-titane-inc--argex-titanium-inc.html

Argex notice to the creditorshttps://www.pwc.com/ca/en/car/argex/assets/argex-001_062419.pdf

Here a short overview of the notice :

The grand debt total is $4,716,225.25.. So, there is some large debts and a lot of smaller ones. There is 46 creditors. Large creditors are engineering firms (ASDR, SNC-Lavalin, WSP), Computershare and the company directors. The directors advance count for about 13% of the debt.
 
Some employees are creditors : Davilmar, Moore, Laurent (ex-CFO). Florent Rais, the director is a creditor.
 
An amount is due to Gladys Caron and a small one to 8020.

Again, GLTA,

Tom
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