Bluegold Technologies Ltd.

Overview

Crowe MacKay & Company was appointed Liquidator of all assets, undertakings and properties of Bluegold Technologies Ltd. (“Bluegold” or the “Company”) pursuant to an Order made by the Supreme Court of British Columbia dated June 2, 2021 (the “Liquidation Order”). A copy of the Liquidation Order can be found below.

Any person indebted to the Company must render an account with the amount owing and pay that amount to the Liquidator on or before August 4, 2021. Any person having custody or control of any property, rights or any interest of the Company must notify the Liquidator and deliver the same to the Liquidator on or before August 4, 2021. Any person having a claim against the Company must provide particulars of the claim in writing to the Liquidator on or before August 4, 2021. Please see the Notice of Claim Bar Date below.

The Liquidator is now soliciting offers to purchase the Company’s interest in 10 common shares in the capital of 1054227 BC Ltd (“1054”), representing 20% of the total issued and outstanding shares of 1054. A copy of the stalking-horse bid package can be found below. Please note that the deadline for submissions of bids is 5pm (Pacific) on June 24, 2021.

On July 23, 2021, the Liquidator made an application to Court to approve, among other things, the sale of the shares of 1054 to a third party. This matter is scheduled to be heard on August 6, 2021. Documents relating to the application are available below.

On August 6, 2021, the Court approved, among other things, the sale of the shares of 1054 to Sukhwant Singh Dhillon.

For further information, please contact Mr. Derek Lai at (604) 697 5257 or [email protected].

Creditor’s Information

Liquidation Order dated June 2, 2021

Notice of Claim Bar Date Proof of Claim

Stalking-Horse Bid Package

Notice of Application filed on July 23, 2021

Liquidator’s First Report to Court filed on July 23, 2021

Order Made After Application dated August 6, 2021 (Approval and Vesting Order)

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