The Ontario Securities Commission (OSC) has issued an order under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA) that Consolidated Uranium Inc. is deemed to have ceased to be offering its securities to the public. This decision is based on the company’s application and representations to the OSC, which include the company’s status as an offering corporation, its location in Toronto, Ontario, its lack of intention to seek public financing through securities offerings, and its current status as a non-reporting issuer following an earlier order granted on January 24, 2024. The OSC determined that granting this order would not be against the public interest. The order was made on February 6, 2024, and is supported by the relevant provisions of the OBCA and the Securities Act (Ontario), as well as National Policy 11-206.
