The Applicant, QGX Ltd., applied to the Ontario Securities Commission and other jurisdictions for a decision that it is no longer a reporting issuer.
The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, its securities are not traded on a marketplace, and it is not in default of its obligations.
The Commission granted the requested relief, ordering that the Applicant is not a reporting issuer.
