The Applicant, X-Cal Resources Ltd., applied to the Ontario Securities Commission for a decision that it is no longer a reporting issuer.
The Commission found that the Applicant met the requirements, as its outstanding securities were beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and its securities were not traded on a marketplace.
The application was granted, and the Applicant was ordered to no longer be a reporting issuer.
