PolyMet Mining Corp.

2023-11-10 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/polymet-mining-corp

Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii).

The Ontario Securities Commission (OSC) has granted an application by PolyMet Mining Corp. (the Filer) to cease being a reporting issuer in all Canadian jurisdictions where it is currently a reporting issuer. This decision is based on several key facts: the Filer is not an OTC reporting issuer under Multilateral Instrument 51-105; the Filer’s securities are owned by fewer than 15 securityholders in each Canadian jurisdiction and less than 51 worldwide; no securities of the Filer are traded on a public marketplace in Canada or any other country; and the Filer is not in default of securities legislation in any jurisdiction. The decision is in line with the Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii) and National Policy 11-206 Process for Cease to be a Reporting Issuer Applications.

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