The Securities Commission has granted Stonecreek Capital Inc. an order to cease being a reporting issuer, based on an application under the securities legislation of Alberta and Ontario. This decision, which applies to all Canadian jurisdictions where Stonecreek Capital Inc. is a reporting issuer, is supported by several key facts:
1. Stonecreek Capital Inc. is not an OTC reporting issuer under Multilateral Instrument 51-105.
2. The company’s securities are held by fewer than 15 security holders in any single Canadian jurisdiction and fewer than 51 globally.
3. No securities of Stonecreek Capital Inc. are traded on any public marketplace or facility in Canada or internationally.
4. Stonecreek Capital Inc. has requested to cease being a reporting issuer in all Canadian jurisdictions where it has this status.
5. The company is not in default of any securities legislation in any jurisdiction.
The decision to grant the order is in accordance with the legislative requirements, specifically referencing the Securities Act, R.S.O. 1990, c. S.5, as amended, section 1(10)(a)(ii). The Alberta Securities Commission served as the principal regulator for this application, and the order reflects the agreement of both the Alberta and Ontario securities regulatory authorities.