Taking too long? Close loading screen.
Generating

Odd Burger Corporation – s. 1(11)(b)

2023-03-10 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/odd-burger-corporation-s-111b

Statutes Cited: 1. Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(11)(b).


The Ontario Securities Commission (OSC) has granted Odd Burger Corporation (the Applicant) the status of a reporting issuer in Ontario under clause 1(11)(b) of the Ontario Securities Act. This decision follows the Applicant’s request for such designation, considering that it is already a reporting issuer in British Columbia and Alberta, and its securities are listed on the TSX Venture Exchange.

The Applicant, governed by the Business Corporations Act (British Columbia), has its head office in London, Ontario, and has been compliant with the continuous disclosure requirements in British Columbia and Alberta, which are similar to those in Ontario. The Applicant has no history of securities law violations or sanctions and has determined it has a significant connection to Ontario.

The OSC concluded that designating the Applicant as a reporting issuer in Ontario would not be against the public interest. Consequently, the Applicant will update its regulatory profile to indicate the OSC as its principal regulator. The decision was made on March 10, 2023.