Orders and Exemptions

Decision Information

Decision Content

April 18, 2016

 

 

DuMoulin Black LLP

10th Floor – 595 Howe Street

Vancouver, British Columbia

V6C 2T5

 

Attention:  David Kandestin

 

Dear Sirs/Mesdames:

 

Re:      Chevrier Metals Corp. (the Applicant) – Application to Cease to be a Reporting Issuer under the securities legislation of Alberta, Ontario and Manitoba (the Jurisdictions)

The Applicant has applied to the local securities regulatory authority or regulator (the Decision Maker) in each of the Jurisdictions for a decision under the securities legislation (the Legislation) of the Jurisdictions that the Applicant is not a reporting issuer.

In this decision, “securityholder” means, for a security, the beneficial owner of the security.

The Applicant has represented to the Decision Makers that:

a)      the outstanding securities of the Applicant, including debt securities, are beneficially owned, directly or indirectly, by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 securityholders in total worldwide;

b)      no securities of the Applicant, including debt securities, are traded in Canada or another country on a marketplace as defined in National Instrument 21-101 Marketplace Operation or any other facility for bringing together buyers and sellers of securities where trading data is publicly reported;

c)      the Applicant is applying for a decision that it is not a reporting issuer in all of the jurisdictions of Canada in which it is currently a reporting issuer; and

d)     the Applicant is not in default of any of its obligations under the Legislation as a reporting issuer.

Each of the Decision Makers is satisfied that the test contained in the Legislation that provides the Decision Maker with the jurisdiction to make the decision has been met and orders that the Applicant is not a reporting issuer.

 

_____”Jo-Anne Matear”___________
Jo-Anne Matear, Manager
Corporate Finance Branch
Ontario Securities Commission

 You are being directed to the most recent version of the statute which may not be the version considered at the time of the judgment.