The Applicant, American Consolidated Minerals Corp., applied for a decision that it is not a reporting issuer under the securities legislation of Alberta and Ontario.
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 Ontario Securities Commission granted the application, ordering that the Applicant is no longer a reporting issuer.