Brigade Technologies Inc., Bankruptcy

Brigade Technologies Inc., a Calgary, Alberta-based contractor engaged on various resource extraction-related projects, filed for bankruptcy on August 30, listing approximately $487.8 thousand in liabilities, including $287.6 thousand to Brigavi Capital Inc.

Established in 2016, the company experienced financial difficulties stemming from its expansion into British Columbia, which led to increased costs and certain projects that were not as profitable.

Grant Thornton was appointed bankruptcy trustee.