The Securities Commission granted Luminex Resources Corp.’s application to cease being a reporting issuer in all Canadian jurisdictions. This decision follows an arrangement where Adventus Mining Corporation acquired all Luminex’s common shares. Despite Luminex having over 50 beneficial owners of convertible securities, these securities are now linked to Adventus shares, and Luminex is not required to provide continuous disclosure to their holders. The decision was based on compliance with relevant securities legislation, including the Securities Act of British Columbia and Ontario, and National Policy 11-206. The order was issued by the British Columbia Securities Commission, with reliance on Multilateral Instrument 11-102 for Alberta and Manitoba.
