Ora Wexler

The applicant applied to the Ontario Securities Commission 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, and that its securities are not traded on any marketplace.

The Commission was satisfied that the statutory test was met and ordered that the applicant is not a reporting issuer.

The Sprott Physical Silver Trust applied to the Ontario Securities Commission for exemptive relief under National Instrument 41-101.

The Trust sought relief from the prescribed headings and order of headings in Form 41-101F2, as well as an extension of the 90-day deadline to file a final prospectus after the receipt of a preliminary prospectus.

The Director granted both requests, permitting the prospectus format variations and extending the filing deadline to December 31, 2010.

The applicant, a closed-end fund investing in gold bullion, applied for exemptive relief from the form requirements of Form 41-101F2 under National Instrument 41-101.

The applicant sought to file a base prep prospectus that did not strictly comply with prescribed headings and order, as the offering was primarily intended for U.S. investors.

The Ontario Securities Commission granted the requested relief, noting the prospectus would still comply with substantive disclosure requirements.