The Ontario Securities Commission (OSC) has issued an order for Voyager Metals Inc., determining that the company is no longer considered to be offering its securities to the public. This decision is based on subsection 1(6) of the Business Corporations Act (Ontario) (OBCA). Voyager Metals Inc. had previously been recognized as an offering corporation under the OBCA and had expressed no intention of seeking public financing through securities offerings.
On June 28, 2023, Voyager Metals Inc. received an order confirming that it was not a reporting issuer in Ontario or any other Canadian jurisdiction, following the procedure outlined in National Policy 11-206. The company’s circumstances as described in the Reporting Issuer Order remain unchanged.
The OSC concluded that granting the order would not be harmful to the public interest. Consequently, the order was approved, and Voyager Metals Inc. is now deemed to have ceased offering its securities to the public as of July 4, 2023. This decision aligns with the relevant provisions of the OBCA and the Securities Act (Ontario).