ASC Revocation of Cease Trade Order

ALBERTA SECURITIES COMMISSION

REVOCATION ORDER
Under the Securities Act (Alberta) (the Act)

Citation: Re Nextraction Energy Corp., 2020 ABASC 19

Date: 20200207

Nextraction Energy Corp.

Background

1. Nextraction Energy Corp. (the Issuer) is subject to a cease trade order (the CTO) issued by the Executive Director of the Alberta Securities Commission on 6 May 2015 Re Nextraction Energy Corp., 2015 ABASC 687.

2. The Issuer has applied for an order under section 214 of the Act revoking the CTO.

Interpretation

3. Terms defined in National Instrument 14-101 Definitions have the same meaning if used in this order, unless otherwise defined.

Representations

4. This order is based on the following facts represented by the Issuer:

(a) It is a reporting issuer under the Act.

(b) It has filed with the Executive Director all continuous disclosure that it is required to file under the Alberta securities laws, except any continuous disclosure that the Executive Director elected not to require as contemplated in sections 6 and 7 of National Policy 12-202 Revocation of Certain Cease Trade Orders, and has paid all activity, participation and late filing fees that it is required to pay to the Alberta Securities Commission.

(c) It has an up-to-date SEDAR profile and SEDI issuer profile supplement. Decision

5. The undersigned, considering that it would not be prejudicial to the public interest to do so, orders under subsection 214(1.1) of the Act that the CTO is revoked.

7 February 2020

"original signed by"
Timothy Robson
Manager, Legal
Corporate Finance
Alberta Securities Commission

Original