Marie-France Bourret

TrueContext Corporation applied to the Ontario Securities Commission for an order declaring that it has ceased to be a reporting issuer in all jurisdictions of Canada where it is currently a reporting issuer.

The applicant 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, satisfied that the statutory test was met, granted the requested order.

Atlas Global Brands Inc. applied to the Ontario Securities Commission for a partial revocation of a failure-to-file cease trade order (FFCTO) issued on August 8, 2023.

The issuer sought the partial revocation to permit the issuance of 3,693,444 common shares to a related party lender as consideration for a loan of approximately CAD$1,100,000.

The loan was necessary to address the issuer's financial hardship and sustain operations.

The Commission granted the partial revocation order, subject to conditions including providing the lender with a copy of the FFCTO and obtaining a signed acknowledgment that the securities remain subject to the FFCTO.

The filer, EURO Ressources S.A., 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 granted the order, finding that the filer met the statutory test.

Algonquin Power & Utilities Corp. applied to the Ontario Securities Commission for exemptive relief from certain disclosure and filing requirements under National Instrument 44-101 and related forms.

The relief pertained to Participating Securityholders acting as selling securityholders in a Remarketing of notes.

The Commission granted the requested exemptive relief, finding that the test set out in the legislation was met.

Brookfield Reinsurance Ltd. applied to the Ontario Securities Commission for exemptive relief from the requirement under National Instrument 44-102 that at-the-market distributions using shelf procedures be limited to equity securities.

The Filer sought to distribute Class A-1 Exchangeable Shares, which do not carry a residual right to participate in assets upon liquidation and thus are not equity securities, but are economically equivalent to Brookfield Class A Shares.

The Commission granted the exemption, finding it would not be prejudicial to the public interest.

Akumin Inc. applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions following its Chapter 11 restructuring and domestication in Delaware.

The Filer's common shares and notes were cancelled or exchanged, and it became a privately held company with its sole shareholder being a non-resident of Canada.

The Commission granted the order, finding it met the legislative test, as the Filer no longer had significant Canadian public securityholders and was not subject to U.S. public reporting requirements.

The applicant, Consolidated Uranium Inc., applied to the Ontario Securities Commission for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada in which it is a reporting issuer.

The applicant 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 test under the legislation was met and granted the requested order.

The Filer, Newcrest Mining Limited, applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all jurisdictions of Canada.

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 its securities are not traded on any marketplace in Canada or elsewhere.

The principal regulator granted the order, finding that the Filer met the test under the securities legislation.

Spark Power Group Inc. applied for an order to cease being a reporting issuer in all jurisdictions of Canada where it is a reporting issuer.

The Ontario Securities Commission, acting as 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 not being in default of securities legislation.

The order was granted.

The Filer, a special purpose acquisition corporation, applied for an order to cease being a reporting issuer in all jurisdictions of Canada where it held that status.

The Filer was unable to complete a qualifying transaction within its permitted timeline and was subsequently wound up, with its Class A Restricted Voting Shares redeemed and delisted from the TSX.

The Filer's only remaining outstanding securities were Class B Shares held by its sponsor and founders.

The Ontario Securities Commission, acting as the principal regulator, granted the requested order, determining that the Filer met the necessary criteria under the applicable securities legislation.

The applicant, PolyMet Mining Corp., applied to the Ontario Securities Commission for an order to cease to be a reporting issuer in all jurisdictions of Canada where it is a reporting issuer.

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

The Filer applied to the principal regulator for an order under the securities legislation to cease being a reporting issuer in all applicable 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 found that the order met the statutory test and granted the requested relief.

Rockcliff Metals Corporation 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 applicant represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and its securities are not traded on any marketplace.

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

The Filer, Reunion Neuroscience Inc., applied for an order under the securities legislation of Ontario to cease to be a reporting issuer in all jurisdictions of Canada in which it is a reporting issuer.

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 no securities traded on a marketplace.

The order was granted.

The applicant, Superior Gold Inc., applied for an order under the securities legislation to cease being a reporting issuer in all jurisdictions of Canada where it is a reporting issuer.

The Ontario Securities Commission, acting as the principal regulator, granted the order based on representations that the applicant has fewer than 51 securityholders worldwide, its securities are not traded on any marketplace, and it is not in default of securities legislation.

The Filer, Aumento Capital X Corp., applied to the Ontario Securities Commission as the principal regulator for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada where it is 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 test under the securities legislation was met and granted the requested order.

The issuer applied for a partial revocation of a failure-to-file cease trade order to permit trades necessary for a reorganization transaction under the Companies' Creditors Arrangement Act.

The issuer had failed to file its annual continuous disclosure documents and subsequently entered creditor protection.

The Ontario Securities Commission granted the partial revocation order, subject to conditions including providing notice to the purchaser that the securities remain subject to the cease trade order.

The applicant, Voyager Metals Inc., 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 Commission found that the applicant met the necessary criteria, 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.

The Filer, Silver Spike III Acquisition Corp., applied to the Ontario Securities Commission for an order to cease being 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 securityholders worldwide, and that its securities are not traded on any marketplace.

The principal regulator, satisfied that the statutory tests were met, granted the order.

The Filer, Metalcorp Limited, applied to the Ontario Securities Commission as the principal regulator for an order that it has ceased to be a reporting issuer in all jurisdictions of Canada where it is 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 its securities are not traded on any marketplace.

The principal regulator was satisfied that the test under the securities legislation was met and granted the order.