Exemptive relief granted from prospectus delivery and form requirements for an at-the-market distribution.
The filers, The Supreme Cannabis Company, Inc. and BMO Nesbitt Burns Inc., applied to the Ontario Securities Commission for exemptive relief from the prospectus delivery requirement and certain prospectus form requirements in connection with an at-the-market (ATM) distribution of common shares.
The filers also requested that the application and decision be kept confidential until the ATM offering is publicly announced or 90 days have passed.
The Commission granted the requested exemptions, subject to conditions including a 10% limitation on the aggregate market value of shares distributed and specific disclosure requirements.
The confidentiality relief was also granted.
The applicants, Slate Office REIT and BMO Nesbitt Burns Inc., applied to the Ontario Securities Commission for exemptive relief from the prospectus delivery requirement and certain prospectus form requirements in connection with an at-the-market (ATM) distribution of trust units.
The Commission granted the requested relief, subject to conditions including trading volume and value thresholds, and specific disclosure requirements in the prospectus supplement.
The Commission also granted confidentiality relief regarding the application and decision for a limited period.
Exemptive relief from prospectus requirement granted for distribution of contracts for difference and foreign exchange contracts.
Fortrade Canada Limited applied to the Ontario Securities Commission for an exemption from the prospectus requirement for the distribution of contracts for difference (CFDs) and over-the-counter foreign exchange contracts to investors in Ontario and British Columbia.
The Filer is registered as an investment dealer and is a member of IIROC.
The Commission granted the requested relief, subject to conditions including that the Filer remains registered, complies with IIROC rules, provides a risk disclosure document to clients, and reports material changes.
The exemption expires after four years or upon the coming into force of relevant legislation.
Order granted for Enthusiast Gaming Properties Inc. to cease being a reporting issuer.
The Filer, Enthusiast Gaming Properties Inc., applied for an order to cease being a reporting issuer in all applicable Canadian jurisdictions following a plan of arrangement where it became a wholly-owned subsidiary of J55 Capital Corp. The Ontario Securities Commission, acting as the principal regulator, granted the order, noting that the Filer's outstanding securities are held by a limited number of securityholders and it has no intention to seek public financing.
Exemptive relief from prospectus requirement granted for distribution of contracts for difference.
The Filer applied to the Ontario Securities Commission for an exemption from the prospectus requirement for the distribution of contracts for difference (CFDs) and over-the-counter foreign exchange contracts to investors in applicable jurisdictions.
The Commission granted the requested relief, subject to conditions including that the Filer remain registered as an investment dealer, comply with IIROC rules, and provide clients with a risk disclosure document prior to their first transaction.
Exemptive relief granted from ETF prospectus form, underwriter's certificate, and take-over bid requirements.
The applicant applied for exemptive relief on behalf of several mutual funds to be exempted from the ETF Prospectus Form Requirement, the Underwriter's Certificate Requirement, and the Take-Over Bid Requirements.
The Ontario Securities Commission granted the requested exemptions, allowing the funds to file a simplified prospectus and annual information form in respect of the ETF Securities, and exempting purchasers of ETF Securities from the Take-Over Bid Requirements.