BCSC-OSC Revocation of Cease Trade Order

Citation: 2020 BCSECCOM 326

Revocation Order

H-Source Holdings Ltd.

Under the securities legislation of British Columbia and Ontario (Legislation)

Background

¶ 1 H-Source Holdings Ltd. (the Issuer) is subject to a failure-to-file cease trade order (the FFCTO) issued by the regulator in each of British Columbia (the Principal Regulator) and Ontario (each a Decision Maker) respectively on July 21, 2020.

¶ 2 The Issuer has filed the continuous disclosure documents required under the Legislation.

¶ 3 This order is the order of the Principal Regulator and evidences the decision of the Decision Maker in Ontario.

Interpretation

¶ 4 Terms defined in National Instrument 14-101 Definitions and NP 11-207 Failureto-File Cease Trade Orders and Revocations in Multiple Jurisdictions have the same meaning if used in this order, unless otherwise defined.

Order

¶ 5 Each of the Decision Makers is satisfied that the order to revoke the FFCTO  meets the test set out in the Legislation to make this decision.

¶ 6 The decision of the Decision Makers under the Legislation is that the FFCTO is revoked.

¶ 7 August 19, 2020

Michael L. Moretto, CPA, CA
Chief of Corporate Disclosure
Corporate Finance

Original