The Ontario Securities Commission (OSC) has issued an order under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA) that Brampton Brick Limited (the Applicant) is deemed to have ceased to be offering its securities to the public. This decision follows the Applicant’s representation that it is an offering corporation under the OBCA and has no plans to seek public financing through securities offerings. Furthermore, the Applicant had previously been granted an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction, as per National Policy 11-206. The OSC concluded that granting the order would not be against the public interest.
