The court-appointed Receiver of Chieftain Metals brought a motion for discharge.
The secured creditor, West Face, supported the discharge but sought a provision allowing it to move for the re-appointment of a receiver at any time in the future to facilitate a potential sale of the mining project.
The Province of British Columbia and the Taku River Tlingit First Nation opposed an open-ended right, citing environmental remediation concerns and uncertainty.
The court granted the discharge but limited the secured creditor's right to seek re-appointment to a two-year period, balancing the commercial interests with the need for certainty for the Province and First Nation.
