The Securities Commission has granted an order for Imperial Helium Corp. to cease being a reporting issuer. The decision was made under the securities legislation of Alberta and Ontario, with Alberta Securities Commission acting as the principal regulator. The company confirmed it is not an OTC reporting issuer, its securities are owned by fewer than 15 securityholders in any Canadian jurisdiction and fewer than 51 worldwide, and its securities are not traded on any public marketplace. Additionally, the company is not in default of any securities legislation. The order was made in accordance with the test set out in the applicable legislation, specifically section 1(10)(a)(ii) of the Securities Act, R.S.O. 1990, c. S.5, as amended.
