Saskatchewan

Paragon Sales Ltd.

Restructuring and insolvency · Saskatchewan · Automotive & dealerships · CCAA filing · In court · 20 Feb 2026

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.

bid deadline 2026-06-16
stay expiry 2026-03-02

Court file KBG-SA-00189-2026 · Court of King's Bench for Saskatchewan, Saskatoon

Opened 20 Feb 2026

GLASSRATNER RESTRUCTURING INC. (monitor)

“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).”

“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.”

• OSB record of the proceeding

SSC SECURITY SERVICES TO GO PRIVATE IN ALL-CASH TRANSACTION WITH ALLIED UNIVERSAL, WORLD'S LARGEST SECURITY…

M&A · Saskatchewan · Unclassified · Announced · 26 May 2026

SSC Security Services Corp. (TSXV: SECU ) (US: SECUF) (" SSC " or the " Company ") and Universal Protection Service, LP (operating as Allied Universal) (and together with its wholly-owned subsidiary acting as purchaser, " Allied Universal ") today announce that they have entered into a definitive arrangement agreement signed and dated May 26, 2026 (the " Arrangement Agreement ") pursuant to which…

break fee $3 million
cash consideration $4.4075 (per SSC Share)
consideration form all cash
premium to market 119% (closing price of SSC Shares on the TSX Venture Exchange)
premium to market 35% (highest price at which the company has ever traded as a secu)
premium to market 86% (VWAP of the SSC Shares on the TSXV over the last full year o)

Consideration $80.5MM

Sequeira Partners Inc (financial advisor); McKercher LLP (legal advisor); Burnet, Duckworth & Palmer LLP (legal advisor)

“In addition, the Arrangement Agreement provides for a termination fee of $3 million payable by SSC if it accepts a superior proposal and in certain other specified circumstances.”

“Under the terms of the Arrangement, each holder of SSC Shares (the " SSC Shareholders ") will receive cash consideration of $4.4075 for each SSC Share held (the " Consideration "), representing aggregate consideration of approximately $80,500,000 on a fully diluted basis.”

“SSC SECURITY SERVICES TO GO PRIVATE IN ALL-CASH TRANSACTION WITH ALLIED UNIVERSAL, WORLD'S LARGEST SECURITY COMPANY, WITH CONCURRENT MANAGEMENT BUY-OUT SSC Security Services Corp. (TSXV: SECU ) (US: SECUF) (" SSC " or the " Company ") and Universal Protection Service, LP (operating as Allied Universal) (and together with its wholly-owned subsidiary acting as purchaser, " Allied Universal ") today announce that they have entered into a definitive arrangement agreement signed and dated May 26, 2026 (the " Arrangement Agreement ") pursuant to which Allied Universal will acquire all of the issued ”

“The Consideration represents an approximately 119% premium to the closing price of SSC Shares on the TSX Venture Exchange (" TSXV ") on May 25, 2026, being the last trading day prior to the date of this announcement, and an approximately 86% premium to the VWAP of the SSC Shares on the TSXV over the last full year of trading.”

“The price achieved in this deal is at a 119% premium to the current market but is also a more than a 35% premium to the highest price at which the company has ever traded as a security company" said Doug Emsley, Chairman & CEO of SSC.”

“The Consideration represents an approximately 119% premium to the closing price of SSC Shares on the TSX Venture Exchange (" TSXV ") on May 25, 2026, being the last trading day prior to the date of this announcement, and an approximately 86% premium to the VWAP of the SSC Shares on the TSXV over the last full year of trading.”

• SSC SECURITY SERVICES TO GO PRIVATE IN ALL-CASH TRANSACTION WITH ALLIED UNIVERSAL, WORLD'S LARGEST SECURITY…

915245 AB Ltd. Operating As Prairie Tech Oilfield Service

Restructuring and insolvency · Saskatchewan · Unclassified · Discharge · Closed · 02 Apr 2026

Order Discharging Trustee - NOI - April 2, 2026

Court file 1884 of 2019 · Court of Queen's Bench for Saskatchewan Judicial Centre Saskatoon

Opened 08 Jan 2020

Alvarez & Marsal Canada Inc. (monitor); Deloitte Restructuring Inc. (court officer)

• 915 - Order Discharging Trustee - NOI - April 2, 2026