On March 17, 2026, pursuant to an Order of the Court of King’s Bench of Alberta (the “Court”), Alvarez & Marsal Canada Inc. was appointed as receiver and manager (the “Receiver”) of all the assets, undertakings and properties of Energera International Inc., Energera America Inc., Energera Inc., and Sandtinel LLC (collectively, the “Company”).
On May 25, 2026, the Court granted a Sale Process Approval Order which, among other things, approved a sale process (the “Sale Process”) in respect of the business and property of the Company and authorized the Receiver to implement the Sale Process in accordance with its terms. A copy of the Sale Process Approval Order is available on the Receiver’s website at