Chevrier Metals Corp. applied to the securities regulatory authorities in Alberta, Ontario, and Manitoba 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 securityholders in each Canadian jurisdiction and fewer than 51 worldwide, its securities are not traded on any marketplace, and it is not in default of its obligations under securities legislation.
The Ontario Securities Commission, satisfied that the statutory test was met, ordered that the applicant is not a reporting issuer.
