Michael Balter

The Filer, a foreign issuer, applied 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 (FCPE) to Canadian employees.

The principal regulator granted the requested relief, subject to conditions including that the first trade of the units or underlying shares be made outside of Canada or to a person outside of Canada.

Greenbank Capital Inc. applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on December 4, 2023.

The Issuer had failed to file its annual audited financial statements, management's discussion and analysis, and related certifications.

The Issuer subsequently filed all outstanding continuous disclosure documents and paid all required fees.

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

The Filer, Orford Mining Corporation, applied for an order to cease to be a reporting issuer in all jurisdictions of Canada where it is a reporting issuer.

The principal regulator, the Ontario Securities 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 being in default of securities legislation.

The order was granted.

The Filer, General Electric Company, applied for exemptive relief from the prospectus requirement under section 53 of the Securities Act in connection with the proposed spin-off of its subsidiary, GE Vernova LLC.

The Filer sought to distribute shares of the subsidiary to its Canadian shareholders without filing a prospectus.

The Ontario Securities Commission granted the requested relief, noting that the number of Canadian shareholders was de minimis and that they would receive the same disclosure materials as United States shareholders.

Latitude Uranium 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 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, satisfied that the statutory test was met, granted the requested order.

Borealis Foods Inc. applied for exemptive relief from the prospectus requirement under section 74(1) of the Securities Act for the first trade of shares held by Canadian owners following a de-SPAC business combination with Oxus Acquisition Corp. The applicant also sought confidentiality relief.

The Ontario Securities Commission granted the requested relief, subject to conditions regarding the percentage of shares held by Canadian owners and compliance with the First Trade Exemption.

Hut 8 Mining Corp. applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all applicable Canadian jurisdictions.

Following a business combination and amalgamation, the applicant's common shares were exchanged for shares of a new entity and delisted from the TSX and Nasdaq.

The principal regulator found that the applicant met the necessary criteria and granted the order.

The Filers applied to the Ontario Securities Commission for exemptive relief from various continuous disclosure, insider reporting, and early warning requirements under Ontario securities legislation.

Better Collective A/S, a Danish company, agreed to acquire Playmaker Capital Inc. through a plan of arrangement.

Following the arrangement, Better Collective would become a foreign reporting issuer in Canada.

The Commission granted the requested relief, subject to conditions including that Better Collective comply with Danish disclosure requirements and file equivalent documents on SEDAR+.

Spruce Ridge Resources Ltd. applied to the Ontario Securities Commission for an order revoking a failure-to-file cease trade order issued on September 2, 2022.

The Issuer demonstrated that it had filed all outstanding continuous disclosure documents, paid all required fees, and brought its SEDAR+ and SEDI profiles up to date.

The Principal Regulator, satisfied that the statutory test was met, granted the application and revoked the cease trade order.

The applicant applied to the Ontario Securities Commission for an order to cease being 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 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 order.

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

The order was granted.

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

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 granted the order, satisfied that the statutory test was met.

The applicant, Maxar Technologies 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 noted that the applicant'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.

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

Buffalo Coal 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 represented that its outstanding securities are beneficially owned by fewer than 51 securityholders worldwide and 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 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 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.

Mimi's Rock Corp. applied to the Ontario Securities Commission for an order to cease being a reporting issuer in all jurisdictions of Canada where 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 granted the order.

The Filer, Smart Employee Benefits 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 Filer represented that its outstanding securities are beneficially owned by fewer than 15 securityholders in each jurisdiction of Canada 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 order.

The applicant applied for an order under the securities legislation of Ontario to cease to be 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, noting that the outstanding securities of the applicant are beneficially owned by fewer than 15 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, and no securities are traded on a marketplace in Canada or elsewhere.

Wells Fargo Canada Corporation 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, with no securities traded on a marketplace.

The order was granted.

The Filer, a special purpose acquisition corporation, applied for exemptive relief from various restricted security rules under National Instrument 41-101, OSC Rule 56-501, and National Instrument 51-102.

The relief was sought in connection with the Filer's common shares, which would technically be considered restricted securities due to the multiple voting rights attached to its proportionate voting shares following a qualifying acquisition.

The Ontario Securities Commission granted the requested exemptions, subject to conditions including that the Filer has no other restricted securities issued and outstanding.