Lina Creta

Prospect Park Capital Corp. applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on February 3, 2023.

The Issuer had failed to file its audited annual financial statements and related documents for the year ended September 30, 2022.

The Issuer subsequently filed all required continuous disclosure documents, except for certain historical executive compensation, audit committee, and corporate governance disclosures, for which it requested discretionary relief.

The Commission was satisfied that the test for revocation was met and ordered the cease trade order revoked.

Volatus Aerospace Corp. and Volatus Aerospace Inc. applied for exemptive relief from continuous disclosure and insider reporting requirements for a wholly-owned subsidiary.

The subsidiary had outstanding convertible securities that did not qualify as designated exchangeable securities under NI 51-102.

The Ontario Securities Commission granted the requested relief, subject to conditions substantially similar to those in section 13.3 of NI 51-102, noting that the parent company would consolidate the subsidiary's financial reporting and that the subsidiary had no intention of accessing public capital markets.

Carebook Technologies 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 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 having no securities traded on a marketplace.

The order was granted.

Molecule Holdings Inc. applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order (FFCTO) issued on March 5, 2024.

The issuer sought the partial revocation to complete a proposed financing of up to $300,000 and an additional amendment transaction to settle outstanding unsecured debentures.

The Commission granted the partial revocation order, conditional upon the issuer obtaining signed acknowledgements from all participants that the securities will remain subject to the FFCTO until a full revocation order is granted.

The applicant issuer applied for a full revocation of a failure-to-file cease trade order and an order declaring it has ceased to be a reporting issuer.

The issuer had undergone restructuring under the Companies' Creditors Arrangement Act, resulting in a single beneficial securityholder and no public market for its securities.

The Ontario Securities Commission granted both orders, finding the statutory tests were met.

The applicant issuer applied for a full revocation of a failure-to-file cease trade order and an order that it has ceased to be a reporting issuer.

The issuer had undergone a sale and investment solicitation process under the Companies' Creditors Arrangement Act, resulting in a reverse vesting order and the cancellation of all old equity interests.

The Ontario Securities Commission granted the requested orders, noting that the issuer's outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and are not traded on any marketplace.

The Filer 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 Filer represented that its 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.

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

The Filer, Lipari Diamond Mines Ltd., applied for exemptive relief from the requirements of National Instrument 51-102 and Form 51-102F3 to file all financial statements of its subsidiary, Mineração Montes Claros Ltda., in connection with a reverse takeover transaction with Golden Share Resources Corporation.

The principal regulator granted the requested relief, provided that the listing statement includes the specified financial statements and management's discussion and analysis of the Filer, and is filed on SEDAR+ following acceptance by CBOE Canada Inc.

The Filer, Adventus Mining Corporation, applied for an order to cease to be a reporting issuer in all applicable Canadian jurisdictions following its acquisition by Silvercorp Metals Inc. through a statutory plan of arrangement.

The Filer's common shares were delisted, and all issued and outstanding shares are now owned by Silvercorp.

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

Argonaut Gold Inc. applied to the Ontario Securities Commission for an order to cease being a reporting issuer following a statutory plan of arrangement with Alamos Gold Inc. Under the arrangement, Alamos acquired all issued and outstanding shares of the applicant, and certain assets were spun out to a newly-created entity.

The applicant's outstanding debentures were either tendered to a debenture offer or redeemed.

As the applicant's securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and are no longer traded on any marketplace, the Commission granted the order.

Fusion Pharmaceuticals Inc. applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

The Commission found that the applicant met the requirements, including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, with no securities traded on a marketplace.

The order was granted.

The applicant, a French corporation, applied to the Ontario Securities Commission for exemptive relief from the prospectus and dealer registration requirements in connection with a global employee share offering.

The offering involved the issuance of units in a French collective shareholding vehicle to Canadian employees.

The Commission granted the requested relief, subject to conditions regarding the resale of the securities outside of Canada.

The Filer, Spirit Banner IV Capital Corp., applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

The Filer demonstrated that its 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.

The principal regulator found that the Filer met the legislative test and granted the requested order.

Molecule Holdings Inc. applied for a partial revocation of a failure-to-file cease trade order issued by the Ontario Securities Commission.

The issuer sought the partial revocation to complete an amendment transaction for unsecured debentures and a proposed private placement financing to raise up to $300,000.

The proceeds will be used to complete outstanding annual and interim filings and pay related fees.

The Commission granted the partial revocation order, conditional upon the issuer obtaining acknowledgements from participants that the securities remain subject to the cease trade order until a full revocation is granted.

West Island Brands Inc. applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order (FFCTO) issued on May 5, 2023.

The applicant sought the partial revocation to complete a private placement financing of up to $200,000 to raise funds to prepare audited financial statements, pay outstanding fees, and apply for a full revocation of the FFCTO.

The Commission granted the partial revocation order, permitting the financing to proceed in Ontario, British Columbia, Quebec, and Alberta, subject to conditions including providing subscribers with copies of the FFCTO and obtaining signed acknowledgements.

The TDL Group Corp. applied to the Ontario Securities Commission for an order declaring that it has ceased to be a reporting issuer in all jurisdictions of Canada.

The Filer demonstrated that its 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.

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

Allkem Limited applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

The principal regulator, satisfied that the filer met the requirements—including having fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, with no securities traded on a marketplace—granted the order.

The issuer, subject to a failure-to-file cease trade order for unfiled continuous disclosure documents, applied for a partial revocation order.

The partial revocation was sought to permit a private placement financing of up to $200,000 to raise funds to pay outstanding fees, prepare audited financial statements, and apply for a full revocation.

The Ontario Securities Commission granted the partial revocation order, subject to conditions including providing subscribers with copies of the order and obtaining written acknowledgements.

The Issuer, Predictiv AI Inc., applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on June 6, 2022.

The Issuer had failed to file its annual audited financial statements and related documents.

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

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

The Filer 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 was satisfied that the Filer met the requirements, including having fewer than 15 securityholders in each jurisdiction and no securities traded on a marketplace.

The order was granted.