Receiver of Radium Scout First Ltd. and Administrator of Condominium Corporation No. 1823263

Receivership

Page last updated: October 27,2022

This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.


Status of File as of October 15, 2022

In September 2022, the Receiver engaged Colliers to market and sell the Radium Scout First Building (the "Building") located in Fort McMurray, Alberta. The Building is a four-storey multi-use condominium complex with underground parking.  Construction was completed in 2017. The Building is comprised of 84 residential units on floors two through four, of which 16 were previously sold to third parties, leaving 68 residential condominiums available for sale.  In addition, there are 4 main floor commercial units available for sale.  A copy of Colliers' marketing brochure is posted in the Marketing and Sales Process Information section of this website. Interested parties should contact Perry Gereluk of Colliers as set out in the brochure.

Status of File as of July 25, 2022

On July 15, 2022, PricewaterhouseCoopers Inc. was appointed Receiver of Radium Scout First Ltd. (“Radium” or the “Company”) and Administrator of Condominium Corporation No. 1823263 (“Condominium Corp.”) pursuant to Orders granted by the Court of Queen’s Bench of Alberta. A copy of the Receivership and Administration Order can be accessed under the Court Orders tab of this website.

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