The Securities Commission has granted an order for Corvus Gold ULC to cease being a reporting issuer in accordance with the securities legislation. The decision was based on the following key points:
1. Corvus Gold ULC is not an OTC reporting issuer under Multilateral Instrument 51-105.
2. The company’s securities are held by fewer than 15 securityholders in each jurisdiction in Canada and under 51 worldwide.
3. No securities of the company are traded on any public marketplace or facility in Canada or elsewhere.
4. Corvus Gold ULC has requested to cease being a reporting issuer in all Canadian jurisdictions where it currently has that status.
5. The company is not in default of any securities legislation in any jurisdiction.
The order was made in accordance with the securities legislation, specifically section 1(10)(a)(ii) of the Securities Act, R.S.O. 1990, c. S.5, as amended. The British Columbia Securities Commission acted as the principal regulator for the application, and the decision also reflects the concurrence of the securities regulatory authority in Ontario. The order satisfies the legislative requirements for a company to cease being a reporting issuer.