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SALE OF ASSETS BY COURT APPOINTED RECEIVER

SALE OF ASSETS BY COURT APPOINTED RECEIVER

Grant Thornton Limited has been appointed Receiver (the "Receiver") of MP Atlantic Wood Ltd., New Future Lumber Ltd. and 669699 N.B. Ltd. ("M.P. Atlantic") pursuant to a Court Order dated April 26, 2018.

M.P. Atlantic operated a planing mill and wood processing facility in Dieppe, NB on a 96 acre lot.

The facility includes:
   • 2015 Gilbert 6 roll 2000 fpm planer;
   • VAB Solutions automated planer mill grading system;
   • Energie F.E.I. Inc. wood fixed boiler with:
         • 90,000 bdft kiln
         • 150,000 bdft kiln;
   • 2016 Cathild Industries propane fueled 300,000 bf kiln;
   • Miscellaneous rolling stock, equipment and buildings.

En bloc offers are preferred; however, offers may be submitted for different asset classes on an individual basis. The deadline for submitting offers to purchase the assets is July 5, 2018 at 5:00 pm Atlantic Time.

Any party who would like to receive further information should contact Matthew Piggott, of Grant Thornton Limited, to arrange for receipt of the Information Memorandum and/or to arrange a viewing of the assets.

Court documents relating to this appointment can be found at: www.GrantThornton.ca/MPAtlantic

Contact: Matthew Piggott, CPA
T 902.429.3385 F 902.453.9257
E Matthew.Piggott@ca.gt.com

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