Directives de la Commission des valeurs mobilières de l’Ontario concernant l’interruption du service postal

Canadian Arrow Mines Limited – s. 1(6) of the OBCA

le 6 avril 2018

Order

Headnote

Applicant deemed to have ceased to be offering its securities to the public under the Business Corporations Act (Ontario).

Statutes Cited

Business Corporations Act, R.S.O. 1990, c. B.16 as am., s. 1(6).

IN THE MATTER OF THE BUSINESS CORPORATIONS ACT R.S.O. 1990, c. B.16, AS AMENDED (the OBCA) AND IN THE MATTER OF CANADIAN ARROW MINES LIMITED (the Applicant)

ORDER (Subsection 1(6) of the OBCA)
UPON the application of the Applicant to the Ontario Securities Commission (the Commission) for an order pursuant to subsection 1(6) of the OBCA to be deemed to have ceased to be offering its securities to the public;

AND UPON the Applicant having represented to the Commission that:

1. The Applicant is an "offering corporation" as defined in subsection 1(1) of the OBCA.

2. The Applicant's registered address is located at 1060 -- 44 Victoria Street, Toronto, Ontario, M5C 1Y2.

3. The Applicant has an authorized capital consisting of an unlimited number of common shares (the Common Shares), of which one Common Share is issued and outstanding as of the date hereof.

4. On January 19, 2018 a special meeting of the shareholders of the Applicant was held, at which a special resolution was passed approving the acquisition by Tartisan Resources Corp. (Tartisan) of all of the issued and outstanding Common Shares of the Applicant (the Arrangement).

5. The Arrangement was approved by a final court order of the Ontario Superior Court of Justice (Commercial List) on January 25, 2018.

6. As a result of the Arrangement, all of the issued and outstanding Common Shares were acquired by Tartisan on January 25, 2018 in exchange for common shares of Tartisan. Following the share exchange, the only issued and outstanding Common Shares are now owned by Tartisan.

7. The Common Shares had been listed and posted for trading on the TSX Venture Exchange (the TSX-V) under the symbol "CRO". The Common Shares were de-listed from the TSX-V effective the close of trading on February 1, 2018.

8. The Applicant has no outstanding securities, including debt securities, other than as described above.

9. The Applicant has no intention to seek public financing by way of an offering of securities.

10. On February 28, 2018, the Applicant was granted an order pursuant to subclause 1(10)(a)(ii) of the Securities Act (Ontario) that it is not a reporting issuer in Ontario and is not a reporting issuer or the equivalent in any other jurisdiction of Canada in accordance with the simplified procedure set out in National Policy 11-206 Process for Cease to be a Reporting Issuer Applications.

AND UPON the Commission being satisfied that to grant this order would not be prejudicial to the public interest;

IT IS ORDERED by the Commission pursuant to subsection 1(6) of the OBCA, that the Applicant is deemed to have ceased to be offering its securities to the public.

DATED at Toronto, Ontario on this 6th day of April, 2018.

"Deborah Leckman"

"Mark Sandler"

Commissioner

Commissioner

Ontario Securities Commission

Ontario Securities Commission