ALBERTA SECURITIES COMMISSION
CEASE TRADE ORDER: REVOCATION
Citation: Re PreAxia Health Care Payment Systems Inc., 2014 ABASC 398 Date: 20141009
PreAxia Health Care Payment Systems Inc.
Background
1. PreAxia Health Care Payment Systems Inc. (the Filer) is subject to a cease trade order
(the CTO) issued by staff of the Alberta Securities Commission on 16 July 2013, Re,
PreAxia Health Care Payment Systems Inc., 2013 ABASC 300.
2. The Filer has applied for an order under section 214 of the Securities Act (Alberta) (the
Act) revoking the CTO.
Representations
3. This decision is based on the following facts represented by the Filer:
(a) It is a reporting issuer under the securities legislation of the province of Alberta.
(b) It has filed with the securities regulator or securities regulatory authority in
Alberta all continuous disclosure that it is required to file under the securities
legislation of Alberta, except any continuous disclosure that the Securities
Regulatory Authority elected not to require as contemplated in sections 3.1(2) and
(3) of National Policy 12-202 Revocation of a Compliance-Related Cease Trade
Order, and has paid all activity, participation and late filing fees that it is required
to pay to the Authorities.
(c) It has an up-to-date SEDAR profile and SEDI issuer profile supplement.
Decision
4. The undersigned, considering that it would not be prejudicial to the public interest to do
so, orders under section 214(1.1) of the Act that the CTO is revoked.
9 October 2014
“original signed by”
Cheryl McGillivray
Manager, Corporate Finance