Canadian Dehua International Mines Group Inc. - SISP

On July 28, 2025, the Supreme Court of British Columbia granted an order authorizing FTI Consulting Canada Inc., in its capacity as Monitor of Canadian Dehua International Mines Group Inc. (“CDI”), to conduct a stalking horse sale and investment solicitation process (“SISP”) in respect of the remaining property, assets and undertakings of CDI.

As such, the Monitor is soliciting offers to purchase mining projects the following assets:

• CDI’s 51% interest in Canadian Dehua Lvliang International Mines Corp (“CDLV”), which holds a 40% interest in HD Mining International Ltd. the owner of a coal development project known as the Murray River Project located near Tumbler Ridge, B.C.; and

• CDI’s shareholding interest in:

  • Canadian Dehua Drilling Ltd.;

  • Vancouver Island Iron Ore Corporation; and

  • CDI’s interest in the Iron Ross project located on Vancouver Island.

The following table sets out the key milestones under the SISP which are as follows:

For further information, please contact:

• Hailey Liu at [email protected] 

• Tessa Chiricosta at [email protected]