The Applicant, Dia Bras Exmin Resources Inc., applied for a decision under the securities legislation of Ontario and Alberta that it is not a reporting issuer.
The Applicant represented that its outstanding securities are beneficially owned by fewer than 51 security holders in total in Canada, its securities are not traded on a marketplace, and it is not in default of its obligations as a reporting issuer.
The Ontario Securities Commission granted the requested relief, ordering that the Applicant is no longer a reporting issuer.