The Securities Commission has granted an order for Resolute Forest Products Inc. to cease being a reporting issuer. This decision is based on the application submitted by the company and the following key points:
1. The company is not an OTC reporting issuer.
2. Its securities are owned by fewer than 15 security holders in each jurisdiction in Canada and fewer than 51 worldwide.
3. Its securities are not traded on any public marketplace in Canada or elsewhere.
4. The company has requested to cease being a reporting issuer in all Canadian jurisdictions where it currently has that status.
5. The company is not in default of any securities legislation.
The decision was made in accordance with the securities legislation of Quebec and Ontario, particularly referencing the Securities Act (Quebec), CQLR, c. V-1, s. 69, and other relevant regulations such as Regulation 11-102 respecting Passport System and Regulation 14-101 respecting Definitions. The Autorité des marchés financiers acted as the principal regulator for this application, and the order also reflects the decision of the securities regulatory authority in Ontario. The outcome is that Resolute Forest Products Inc. is no longer a reporting issuer and is relieved from the associated reporting obligations.