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Nighthawk Gold Corp. – s. 1(6) of the OBCA

2024-02-27 | Order | Business Corporations Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/nighthawk-gold-corp-s-16-obca

Statutes Cited: 1. Business Corporations Act, R.S.O. 1990, c. B.16, as am., s. 1(6).


The Ontario Securities Commission (OSC) has issued an order under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA) stating that Nighthawk Gold Corp. (the Applicant) is deemed to have ceased to be offering its securities to the public. This decision is based on the Applicant’s representations, including that it is an offering corporation under the OBCA, it has no plans for public securities offerings, and it has already been granted an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction. The OSC determined that granting this order would not be adverse to the public interest. The decision was made on February 27, 2024, and is supported by the relevant provisions of the OBCA and the Securities Act (Ontario).

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