Esrey Resources Ltd.

Order

Headnote

National Policy 11-207 Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions – Application by an issuer for a full revocation of a cease trade order issued by the Commission – cease trade order issued because the issuer had failed to file certain continuous disclosure materials required by Ontario securities law – defaults subsequently remedied by bringing continuous disclosure filings up-to-date – cease trade order revoked.

Applicable Legislative Provisions

Securities Act , R.S.O. 1990, c. S.5, as am., s. 144.

Citation: 2021 BCSECCOM 443

REVOCATION ORDER
ESREY RESOURCES LTD.
UNDER THE SECURITIES LEGISLATION OF BRITISH COLUMBIA AND ONTARIO (the Legislation)

Background

  1. Esrey Resources Ltd. (the Issuer) is subject to a failure-to-file cease trade order (the FFCTO) issued by the regulator of the British Columbia (the Principal Regulator) and Ontario (each a Decision Maker) respectively on February 3, 2020.
  2. The Issuer has applied to each of the Decision Makers under National Policy 11-207 Failure-to-File Cease Trade Orders and Revocation in Multiple Jurisdictions (NP 11-207) for an order revoking the FFCTOs.
  3. This order is the order of the Principal Regulator and evidences the decision of the Decision Maker in Ontario.

Interpretation

  1. Terms defined in National Instrument 14-101 Definitions or in NP 11-207 have the same meaning if used in this order, unless otherwise defined.

Order

  1. Each of the Decision Makers is satisfied that the order to revoke the FFCTO meets the test set out in the Legislation for the Decision Maker to make the decision.
  2. The decision of the Decision Makers under the Legislation is that the FFCTO is revoked.
  3. November 18, 2021

“Allan Lim”, CPA
CA Manager
Corporate Finance