The Securities Commission granted Luminex Resources Corp.’s application to cease being a reporting issuer in Canada. This decision follows Luminex’s acquisition by Adventus Mining Corporation, a compliant reporting issuer. Despite Luminex’s securities being owned by more than 50 persons, they are not traded on any exchange. The convertible securities of Luminex are now linked to Adventus shares, and Luminex is not obligated to provide continuous disclosure to these security holders. The decision is based on compliance with 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).
