Lina Creta

The applicant, having undergone restructuring under the Companies' Creditors Arrangement Act, applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order and an order declaring that it had ceased to be a reporting issuer.

Following a court-approved transaction, the applicant became a wholly-owned subsidiary with no public securityholders.

The Commission found the statutory tests were met and granted the requested orders.

WonderFi Technologies Inc. applied to the Ontario Securities Commission for an order declaring that it has ceased to be a reporting issuer in all applicable Canadian jurisdictions.

The Commission granted the order based on representations that the Filer's outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and that its securities are not traded on any marketplace.

ASEP Corporation applied to the Ontario Securities Commission for an order to cease to be a reporting issuer in all jurisdictions of Canada.

The Filer had previously completed a share consolidation and split, resulting in fewer than 51 securityholders worldwide.

The principal regulator found that the Filer met the criteria under the legislation and granted the order.

New Gold Inc. applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions following its acquisition by a subsidiary of Coeur.

Although the applicant was in default for failing to file its annual information form after the arrangement was completed, the Commission granted the requested order, noting that the applicant's securities were no longer traded on any marketplace and it had fewer than 51 securityholders worldwide.

Canadian Gold Corp. applied to the Ontario Securities Commission for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada where it is a reporting issuer.

The principal regulator was satisfied that the Filer met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and not being in default of securities legislation.

The order was granted.

The Applicant, Guardian Capital Group Limited, applied to the Ontario Securities Commission for an order under subsection 1(6) of the Business Corporations Act to be deemed to have ceased offering its securities to the public.

The Applicant previously obtained an order that it is no longer a reporting issuer in Ontario or any other Canadian jurisdiction.

The Commission, satisfied that granting the order would not be prejudicial to the public interest, granted the application.

The applicants applied for an order under the securities legislation of Ontario to cease to be reporting issuers in all jurisdictions of Canada where they are reporting issuers.

The principal regulator found that the applicants met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and not being in default of securities legislation.

The application was granted, and the applicants were ordered to cease being reporting issuers.

Primo Brands Corporation applied to the Ontario Securities Commission for an order to cease being a reporting issuer in Canada following a series of mergers.

The Filer demonstrated that Canadian residents beneficially own less than 2% of its outstanding shares and represent less than 2.5% of its total securityholders worldwide.

The principal regulator granted the order, satisfied that the statutory test was met.

The issuer applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order.

The issuer is undergoing CCAA proceedings and required the partial revocation to complete a transaction involving the issuance of new shares to a stalking horse bidder.

The Commission granted the partial revocation order solely to permit trades necessary for the transaction, subject to conditions including notice to the purchaser.

The applicant, an SEC foreign issuer, applied for an exemption from the prospectus requirement under the Securities Act (Ontario) to permit investment dealers to use standard term sheets, marketing materials, and conduct road shows in connection with future offerings under a final Canadian MJDS shelf prospectus.

The principal regulator granted the exemption, provided the applicant complies with the conditions and requirements set out in Part 9A of NI 44-102.

Mijem Newcomm Tech Inc. applied to the Ontario Securities Commission for a revocation of a failure-to-file cease trade order issued on December 4, 2024.

The Issuer had failed to file its annual financial statements and other continuous disclosure documents.

Having subsequently filed all required documents, paid all outstanding fees, and provided an undertaking regarding future restructuring transactions, the Principal Regulator was satisfied that the statutory test was met.

The failure-to-file cease trade order was revoked.

The Issuer applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on April 4, 2025.

The order was originally issued because the Issuer failed to file its annual audited financial statements and other continuous disclosure documents.

Having subsequently filed all outstanding continuous disclosure documents, corrected deficiencies, and paid all outstanding fees, the Principal Regulator was satisfied that the test for revocation was met.

The cease trade order was revoked.

The Filer, Andlauer Healthcare Group Inc., applied to the Ontario Securities Commission for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada.

The principal regulator found that the Filer met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and granted the order.

The applicant, a closed-end investment trust, applied for exemptive relief from the requirement to include certain historical financial statements in a Business Acquisition Report following its acquisition of self-storage properties.

The applicant was unable to obtain historical accounting records for one of the properties from the previous owner despite reasonable efforts.

The Ontario Securities Commission granted the exemption, permitting the applicant to include alternative financial disclosures that were previously included in its prospectus, finding that the missing information was not material.

The Filer applied for an order to cease being a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The principal regulator, the Ontario Securities Commission, found that the Filer met the necessary criteria, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and not being in default of securities legislation.

The order was granted.

The Filer, Axis Auto Finance Inc., applied to the Ontario Securities Commission for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The Commission found that the Filer met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and not having its securities traded on any marketplace.

The order was granted.

LifeSpeak Inc. applied for an order to cease to be a reporting issuer in all applicable Canadian jurisdictions following a statutory plan of arrangement under the Canada Business Corporations Act.

The arrangement resulted in the purchaser acquiring all issued and outstanding common shares of the applicant.

The Ontario Securities Commission granted the requested order, noting that the applicant's common shares were delisted from the Toronto Stock Exchange and it has no intention to seek public financing.

The Filer, Mandalay Resources Corporation, applied for an order to cease being a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The principal regulator, the Ontario Securities Commission, found that the Filer met the necessary criteria, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and not being in default of securities legislation.

The order was granted.

The applicants applied to the Ontario Securities Commission for exemptive relief from the requirement under subsection 6.1(2) of National Instrument 45-106 to file a Form 45-106F1 Report of Exempt Distribution within 10 days of distributing Series OH units.

The applicants argued that the Series OH units are automatically switched to Series O units once the net asset value is calculated, making the initial filing and subsequent amendment administratively burdensome.

The Commission granted the requested relief, provided the applicants file the required form within 10 days of the automatic switch.

The issuer, Mijem Newcomm Tech Inc., applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order (FFCTO) issued on December 4, 2024.

The issuer sought the partial revocation to complete a proposed private placement financing of up to $250,000 to cover accounting, legal, and regulatory fees required to prepare and file its outstanding continuous disclosure documents.

The Principal Regulator found that the partial revocation met the statutory test and granted the order, subject to conditions including obtaining acknowledgements from investors that the securities remain subject to the FFCTO until a full revocation is granted.