The Ontario Securities Commission (OSC) has issued an order recognizing that Superior Gold Inc. (the Applicant) has ceased to offer its securities to the public. This decision is based on the provisions of subsection 1(6) of the Business Corporations Act (Ontario) (OBCA). The Applicant, an offering corporation under the OBCA with its head office in Toronto, has stated that it does not plan to seek public financing through securities offerings. Furthermore, the Applicant has previously been granted an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction. The OSC, having reviewed the Applicant’s representations and finding no public interest concerns, has granted the order, effectively acknowledging the Applicant’s private status as of July 31, 2023.
