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Applicant deemed to no longer be a reporting issuer under securities legislation.
The Applicant, RX Gold & Silver Inc., 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, its securities are not traded on any marketplace, and it is not in default of any obligations as a reporting issuer.
The Commission was satisfied that the statutory test was met and ordered that the Applicant is not a reporting issuer.