Cantech Ventures Inc. - ss. 83.1(1)

Headnote

Subsection 83.1(1) - issuer deemed to be reporting issuer in Ontario - issuer has been a reporting issuer in each ofAlberta and British Columbia for more than 12 months - issuer listed and posted for trading on Tier 2 of CDNX -continuous disclosure requirements of Alberta and British Columbia substantially similar to those of Ontario.

Statutes Cited

Securities Act, R.S.O. 1990, c.S.5, as am. S. 83.1(1).

IN THE MATTER OF

THE SECURITIES ACT

R.S.O. 1990,CHAPTER S.5, AS AMENDED (THE "ACT")

AND

IN THE MATTER OF

CANTECH VENTURES INC.

ORDER

(Subsection 83.1(1))

UPON the application of Cantech Ventures Inc. ("Cantech") for an order pursuant to subsection 83.1(1) deemingCantech to be a reporting issuer for the purposes of Ontario securities law;

AND UPON considering the application and the recommendation of the staff of the Ontario SecuritiesCommission (the "Commission");

AND UPON Cantech representing to the Commission as follows:

1. Cantech has been a reporting issuer in the Province of Alberta since September 25, 1987, the date on whichCantech received a receipt from the Alberta Securities Commission for a final prospectus in connection withan initial public offering of Cantech.

2. Cantech has been a reporting issuer in British Columbia since February 27, 1997 as a result of an order issuedby the B.C. Commission.

3. Cantech is not currently a reporting issuer or the equivalent in any jurisdiction in Canada other than Alberta andBritish Columbia.

4. The shares of Cantech were listed and posted for trading on January 11, 1988 on The Alberta Stock Exchange(now called the Canadian Venture Exchange) ("CDNX") and have remained listed since that date.

5. Cantech is not on the list of defaulting reporting issuers maintained pursuant to the Securities Act (BritishColumbia) (the "British Columbia Act") or pursuant to the Securities Act (Alberta) (the "Alberta Act"). Cantechis not in default of any of the rules or regulations of CDNX.

6. The continuous disclosure requirements of the British Columbia Act and the Alberta Act are substantially thesame as the requirements under the Act.

7. The continuous disclosure materials filed by Cantech under the Alberta Act since September 25, 1987 andunder the British Columbia Act since February 27, 1997 are available on the System for Electronic DocumentAnalysis and Retrieval.

AND UPON the Commission being satisfied that to do so would not be prejudicial to the public interest;

IT IS HEREBY ORDERED pursuant to subsection 83.1(1) of the Act that Cantech be deemed a reporting issuerfor the purposes of Ontario securities law.

March 20, 2001.

"J.A. Geller" "R.S. Paddon"