The Ontario Securities Commission (OSC) has granted Cornerstone Capital Resources Inc. (the Filer) an order to cease being a reporting issuer in all Canadian jurisdictions where it held this status. This decision is based on the Filer meeting specific criteria outlined in the securities legislation, including having fewer than 15 security holders in each jurisdiction within Canada and fewer than 51 worldwide, no public trading of its securities, and no defaults in securities legislation. The regulatory framework guiding this decision includes the Securities Act (Ontario) and National Policy 11-206, with the OSC acting as the principal regulator. The Filer’s securities are not traded on any public marketplaces, and it is not an OTC reporting issuer. The order was made after the Filer’s application and the OSC’s determination that it satisfied the legislative requirements for ceasing to be a reporting issuer.
