British Columbia Securities Commission Grants Order for Pucara Gold Ltd. to Cease as a Reporting Issuer

On December 18, 2024, the British Columbia Securities Commission issued a decision regarding Pucara Gold Ltd.'s application to cease as a reporting issuer in all jurisdictions in Canada. The decision granted the order sought by the company, which is now no longer required to file reports with the commission.

Key Takeaways:

• The application was made under the securities legislation of British Columbia, with the commission serving as the principal regulator.
• The Filer, Pucara Gold Ltd., represented that it is not an OTC reporting issuer and that its securities are beneficially owned by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 worldwide.
• The company also stated that no securities are traded in Canada or another country on a marketplace or any other facility for bringing together buyers and sellers of securities.
• The company is not in default of securities legislation in any jurisdiction.
• The principal regulator satisfied the test set out in the Legislation and granted the order sought.
• The order grants Pucara Gold Ltd. the status of being no longer a reporting issuer in all jurisdictions in Canada.

Statistics:

• The order was applied for and granted on December 18, 2024.
• The principal regulator in the Jurisdiction is the British Columbia Securities Commission.
• Pucara Gold Ltd. has ceased to be a reporting issuer in all jurisdictions of Canada.
• The securities of Pucara Gold Ltd. are beneficially owned by fewer than 15 securityholders in each of the jurisdictions of Canada and fewer than 51 worldwide.

Sources:

• British Columbia Securities Commission, Decision (2024 BCSECCOM 521)