The Securities Commission granted IBEX Technologies Inc.’s application to cease being a reporting issuer in all Canadian jurisdictions. The decision was based on several key facts: IBEX is not an OTC reporting issuer, has fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and its securities are not publicly traded. Additionally, IBEX is not in default of any securities legislation. The application was processed under National Policy 11-206 and relevant provisions of the Securities Act, R.S.O. 1990, c. S.5, as amended. The Autorité des marchés financiers acted as the principal regulator, and the order reflects the decision of both Québec and Ontario securities authorities.
