The Securities Commission has granted an application by West Red Lake Gold Mines Inc. (the Filer) to cease being a reporting issuer. The decision is based on the Filer meeting specific criteria: it is not an OTC reporting issuer, has fewer than 15 security holders in each jurisdiction in Canada and less than 51 worldwide, its securities are not traded on any public marketplace, and it is not in default of any securities legislation. The order is supported by the Securities Act, R.S.O. 1990, c. S.5, as amended, specifically section 1(10)(a)(ii), and is consistent with the National Policy 11-206 Process for Cease to be a Reporting Issuer Applications. The Ontario Securities Commission, acting as the principal regulator, has determined that the Filer has satisfied the necessary conditions to cease being a reporting issuer in all Canadian jurisdictions where it held this status.
West Red Lake Gold Mines Inc.
2023-01-24 | Order | Securities Act | Issuers | https://www.osc.ca/en/securities-law/orders-rulings-decisions/west-red-lake-gold-mines-inc
Securities Act, R.S.O. 1990, c. S.5, as am., s. 1(10)(a)(ii).
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