Although the Petitioners, with the assistance of the Monitor, are currently finalizing the
compilation of the transactions which occurred during the week ended November 19, 2022,
in order to compare them with the Initial Cash Flow Statement, the Monitor understands that
the cash position as at November 19, 2022, was approximately $10.8M compared to an
amount of approximately $2.4M as budgeted. As mentioned in the previous reports, the
Petitioners have been managing their disbursements to a minimum and have also negotiated
favorable financial terms on some contracts to minimize the working capital requirements.