NOTICE TO CREDITORS

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NOTICE TO CREDITORS Powered By Docstoc
					                              NOTICE TO CREDITORS


IN THE MATTER OF OKANAGAN HILLS DEVELOPMENT CORPORATION,
  VINEYARD HOMES AT THE RISE LTD., THE GOLF CLUB AT THE RISE
                            LTD., and
              Y-K PROJECTS LTD. (the “Petitioners”)
              B.C.S.C. Vancouver Registry No. S088739


TAKE NOTICE that on December 15, 2008 the above noted companies filed for
protection under the Companies’ Creditors Arrangement Act, R.S.C. 1985, c. C-36 (the
“CCAA Proceedings”). The stay of proceedings and the relief granted to the Petitioners
in the Initial Order granted by the Court on December 25, 2008 and confirmed by Orders
made on January 13, 2009 and February 4, 2009 is confirmed and extended to 6:00 p.m.
on June 19, 2009 or such later date as the Court may subsequently order.

TAKE NOTICE that as part of the CCAA Proceedings, the Supreme Court of British
Columbia has ordered that notice to creditors of their requirement to file a Proof of
Claim, so as to be entitled to receive distribution on account of claims against the above-
noted companies, may be served by way of this publication and notice.

Any creditor having a claim against the Petitioners should deliver to the Monitor a Proof
of Claim form on or before 5:00 p.m., FRIDAY, JULY 10, 2009, the (“Claims Bar
Date”).

CLAIMS WHICH ARE NOT RECEIVED BY FRIDAY, JULY 10, 2009 (the
“CLAIMS BAR DATE”) WILL BE FOREVER BARRED FROM MAKING OR
ENFORCING ANY CLAIM AGAINST THE PETITIONERS AND THE CLAIM
SHALL BE FOREVER RELEASED AND EXTINGUISHED.

A Proof of Claim package may be obtained from the Monitor’s webpage located at
http://www.abakhan.com/ohdc.html or by contacting the Monitor at the following:

                                 Abakhan & Associates Inc..
                                  #1120 – 625 Howe Street
                           Vancouver, British Columbia V6C 2T6
                            Attn: George Abakhan/Phil McCourt
                                   Tel: (604) 689 – 4255
                                    Fax: (604) 689-4277

				
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