On November 12, 2024, Windsor Metal Technologies Inc. and JNM Tool & Manufacture Inc. (collectively, the “Company”) each filed a Notice of Intention to Make a Proposal (“NOI”) under Section 50.4 of the Bankruptcy and Insolvency Act, R.S.C. 1985, c. B-3, as amended (the “BIA”), and Bricks Damiani Inc. was appointed as proposal trustee in the Company's NOI proceedings.

The NOI filing provides for a stay of proceedings against the Company, pursuant to s. 69(1) of the BIA, subject to certain limitations, while the Company formulates a restructuring plan and attempts to develop a viable proposal for its creditors.