Citation:     Section 147.1(1), Order No. 7502                        Date: January 31, 2020

                  The Securities Act (Manitoba)

Preferred Dental Technologies Inc.

(the Issuer)

CEASE TRADE ORDER

Under the securities legislation of Manitoba and Ontario (Legislation)

Background

1.            This is the order of The Manitoba Securities Commission (Principal Regulator) and evidences the decision of the regulator or securities regulatory authority in Ontario (each a Decision Maker).

2.            The Issuer has not filed the following periodic disclosure required by the Legislation:

Audited annual financial statements, annual management’s discussion and analysis and certification of annual filings for the year ended July 31, 2019.

3.            As a result of this order, if the Issuer is a reporting issuer in a jurisdiction in which Multilateral Instrument 11-103 Failure-to-File Cease Trade Orders in Multiple Jurisdictions applies, a person or company must not trade in or purchase a security of the issuer in that jurisdiction, except in accordance with the conditions that are contained in this order, if any, for so long as this order remains in effect.

4.            Further, this order takes automatic effect in each jurisdiction of Canada that has a statutory reciprocal order provision, subject to the terms of the local securities legislation.

Interpretation

5.            Terms defined in the Legislation, National Instrument 14-101 Definitions or National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions have the same meaning if used in this order, unless otherwise defined.

Order

6.            Each of the Decision Makers is satisfied that the decision concerning the cease trade meets the test set out in the Legislation to make the decision.

7.            It is ordered under the Legislation that trading and purchasing cease in respect of each security of the Issuer.

8.            Despite this order, a beneficial securityholder of the Issuer who is not, and was not at the date of this order, an insider or control person of the Issuer may sell securities of the Issuer acquired before the date of this order if both of the following apply:

(a)          the sale is made through a “foreign organized regulated market”, as defined in section 1.1 of the Universal Market Integrity Rules of the Investment Industry Regulatory Organization of Canada; and

(b)          the sale is made through an investment dealer registered in a jurisdiction of Canada in accordance with applicable securities legislation.

BY ORDER OF THE COMMISSION

            “Wayne Bridgeman”               

Wayne Bridgeman

Deputy Director

The Manitoba Securities Commission