The Ontario Securities Commission (OSC) has issued an order under subsection 1(6) of the Business Corporations Act (Ontario) (OBCA) determining that TMAC Resources Inc. (the Applicant) is deemed to have ceased offering its securities to the public. This decision is based on the Applicant’s representations that it is an offering corporation under the OBCA, it does not intend to seek public financing through securities offerings, and it has previously been granted an order confirming it is not a reporting issuer in Ontario or any other Canadian jurisdiction. The OSC concluded that granting this order would not be contrary to the public interest. The decision was made in accordance with the OBCA and related securities regulations, including National Policy 11-206 regarding the process for ceasing to be a reporting issuer. The order was dated February 18, 2021.
