The Ontario Securities Commission (OSC) has issued an order under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA) that Silver Lake Ontario Inc., previously known as Harte Gold Corp., is deemed to have ceased offering its securities to the public. This decision is based on the application and representations made by the Applicant, which include:
1. The Applicant is incorporated in Ontario and is an offering corporation as per the OBCA.
2. The Applicant has no plans to seek public financing through securities offerings.
3. The Applicant has already been granted an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction, as per National Policy 11-206.
The OSC determined that granting this order would not be against the public interest. The decision was made on May 5, 2022, and ensures that the Applicant is no longer subject to the public offering requirements of the OBCA.