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Restructuring and insolvency

Paragon Sales Ltd.

Lane
Restructuring and insolvency
Announced
20 Feb 2026
Province
Saskatchewan
Industry
Automotive & dealerships
Status
In court
Latest event
CCAA filing
What the filing says
On April 1, 2026, the Monitor obtained an order from the Court (the " SISP Order ") approving the sale and investment solicitation process (the " SISP ") for the sale of the Companies' assets or investment in the Companies' businesses.
Court file number
KBG-SA-00189-2026
Judicial district
Court of King's Bench for Saskatchewan, Saskatoon
Proceeding opened
20 Feb 2026
Credits
GLASSRATNER RESTRUCTURING INC. (monitor)
bid deadline
2026-06-16“Central Time, on May 8, 2026 (Revised Phase I bid deadline), and the deadline for the submission of a formal offer is 5:00 pm Central Time, on June 16, 2026 (Phase II bid deadline).”
stay expiry
2026-03-02“The Initial Order provides, among other things, a stay of proceedings until March 2, 2026 (the " Stay Period ") which may be extended by the Court of King's Bench for Saskatchewan in Bankruptcy and Insolvency (the " Court ") from time to time.”
Source

Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

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