The Securities Commission has granted The Valens Company Inc. (the Filer) an order to cease being a reporting issuer, meaning it will no longer be subject to public reporting requirements. This decision is based on the Filer meeting several conditions: it is not an OTC reporting issuer, its securities are held by fewer than 15 security holders in any Canadian jurisdiction and fewer than 51 worldwide, its securities are not traded on any public marketplaces, and it is not in default of any securities legislation. The order was made under the authority of the Securities Act (Ontario) and in accordance with National Policy 11-206, with the Ontario Securities Commission acting as the principal regulator. The Filer’s cessation as a reporting issuer is effective across all Canadian jurisdictions where it previously had this status.
