Global 45 Split Corp. -- s. 1(10)(b)

Headnote

Securities Act (Ontario) -- relief granted to cease being a reporting issuer in the provinces of Canada -- filer able to make necessary representations for granting relief on a simplified basis under OSC Staff Notice 12 -703 -- Preferred Format of Applications to the Director under Section 83 of the Securities Act.

Applicable Legislative Provisions

Securities Act(Ontario), s. 1(10)(b).

November 14, 2011

Dear Sirs/Mesdames:

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.

As 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 security holders in each of the Jurisdictions in Canada and fewer than 51 security holders in total in Canada;

(b) No securities of the Applicant are traded on a marketplace as defined in National Instrument 21-101 Marketplace Operation;

(c) The Applicant is not in default of any of its obligations under the Legislation as a reporting issuer; and

(d) The Applicant will not be a reporting issuer or the equivalent in any jurisdiction in Canada immediately following the Decision Makers granting the relief requested.

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.