The Ontario Securities Commission (OSC) has revoked a failure-to-file cease trade order (FFCTO) against Greenbank Capital Inc. The FFCTO was initially issued on December 4, 2023, due to Greenbank’s failure to file required continuous disclosure documents, including annual audited financial statements, management’s discussion and analysis (MD&A), and certifications for the year ended July 31, 2023, as well as interim financial statements and related MD&A for the period ended October 31, 2023. Greenbank has since remedied these defaults by filing all outstanding documents and is now up-to-date with its continuous disclosure obligations. The revocation was granted under the authority of the Securities Act, R.S.O. 1990, c. S.5, as amended, and National Policy 11-207. The company has also committed to holding an annual meeting within three months and issuing a news release about the revocation.
