Securities Law & Instruments

Headnote

Order by the Commission designating Aequitas Neo Exchange Inc. as an exchange for the purposes of section 101.2 of the Securities Act, R.S.O. 1990, c. S.5, as am.

Statutes Cited

Securities Act, R.S.O. 1990, c. S.5, as am., s. 101.2, 101.2(5).

IN THE MATTER OF THE SECURITIES ACT, R.S.O. 1990, CHAPTER S.5, AS AMENDED (Act) AND IN THE MATTER OF AEQUITAS NEO EXCHANGE INC.

DESIGNATION ORDER (Section 101.2 of the Act)

WHEREAS by order dated November 13, 2014, the Commission approved the recognition of Aequitas Innovations Inc. (Aequitas) and Aequitas Neo Exchange Inc. (Aequitas Neo Exchange) as an exchange pursuant to section 21 of the Act, subject to certain terms and conditions (the Recognition Order);

AND WHEREAS the Recognition Order will be effective as at March 1, 2015;

AND WHEREAS Aequitas Neo Exchange will adopt rules for normal course issuer bids for issuers listing on Aequitas Neo Exchange in a form acceptable to staff of the Commission;

AND WHEREAS pursuant to section 101.2(1) of the Act, an issuer bid that is made in the normal course through the facilities of a designated exchange is exempt from the formal bid requirements if the bid is made in accordance with the by-laws, rules, regulations and policies of that exchange;

AND WHEREAS pursuant to section 101.2(5) of the Act, the Commission may designate an exchange for the purposes of section 101.2 of the Act;

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

THE COMMISSION hereby designates Aequitas Neo Exchange as a designated exchange for the purposes of section 101.2 of the Act

DATED this 27th day of November, 2014 and effective as at March 1, 2015.