The Ontario Securities Commission (OSC) has issued an order for Canaccord Genuity G Ventures Corp. (the Applicant), under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA), acknowledging that the company is deemed to have ceased offering its securities to the public. This decision is based on the Applicant’s representations, which include:
1. The Applicant is classified as an “offering corporation” under the OBCA.
2. The Applicant’s registered and head office is in Toronto, Ontario.
3. The Applicant has no plans to seek public financing through securities offerings.
4. The Applicant received a prior order on November 7, 2023, confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction, in line with National Policy 11-206.
5. The conditions stated in the previous Reporting Issuer Order remain accurate.
The OSC, having reviewed the application and found that granting the order would not be contrary to the public interest, approved the request. Consequently, the Applicant is recognized as having ceased public securities offerings as of November 21, 2023.