Exxon Mobil Corporation Makes Application to Cease to be a Reporting Issuer in Canada
May 03 2017 - 7:01PM
Business Wire
Exxon Mobil Corporation (NYSE: XOM) ("ExxonMobil") announced
today that it has applied to the Alberta Securities Commission
("ASC"), as principal regulator, and the Ontario Securities
Commission for an order (the "Order Sought") to cease to be a
reporting issuer in Alberta, Ontario and British Columbia.
ExxonMobil is not a reporting issuer in any other Canadian
jurisdiction.
If the Order Sought is granted by the ASC, ExxonMobil will cease
to be a reporting issuer in any jurisdiction in Canada.
Notwithstanding a decision that ExxonMobil is not a reporting
issuer in Canada, ExxonMobil will continue to file all financial
statements and other continuous disclosure materials required to be
filed by it in accordance with the applicable securities laws of
the United States and the rules of the New York Stock Exchange
("NYSE"). All such continuous disclosure documents of ExxonMobil
are publicly available to all security holders of ExxonMobil under
ExxonMobil’s profile at www.sec.gov and ExxonMobil’s security
holders resident in Canada will continue to receive copies of the
continuous disclosure documents that are required to be delivered
to security holders in the United States, in the same manner and at
the same time as is required under the applicable securities laws
of the United States and the rules of the NYSE.
Forward-Looking Statements
This release contains forward-looking information that involves
risks and uncertainties. Actual future results, including whether
the Order Sought will be granted, could vary from those expressed
or implied by the forward-looking information in this release, and
depend on regulatory developments, including actions taken by the
ASC and/or other regulatory bodies. This forward-looking
information is made as of the date of this release and, other than
as required by applicable securities laws, ExxonMobil does not
assume any obligation to update or revise it to reflect new events
or circumstances. The forward-looking information contained in this
release is expressly qualified by this cautionary statement.
About ExxonMobil
ExxonMobil, the largest publicly traded international oil and
gas company, uses technology and innovation to help meet the
world’s growing energy needs. We hold an industry-leading inventory
of resources and are one of the largest integrated refiners,
marketers of petroleum products and chemical manufacturers. For
more information, visit www.exxonmobil.com or follow us on Twitter
www.twitter.com/exxonmobil.
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