The Securities Commission granted Gold Line Resources Ltd.’s application to cease being a reporting issuer in Canada. The decision was based on the fact that the company’s securities are owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, with no securities traded on any market. The company is not an OTC reporting issuer and is not in default of any securities legislation. The decision was made under the authority of the Securities Act, R.S.B.C. 1996, c. 418, s. 88, and the Securities Act, R.S.O. 1990, c. S.5, as amended, s. 1(10)(a)(ii). The order was issued by the British Columbia Securities Commission, with Ontario’s regulatory authority concurring.
