Exxon Mobil Corporation Makes Application to Cease to be a Reporting Issuer in Canada
IRVING, Texas--(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.
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.
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.
Media Relations, 972-444-1107
Source: Exxon Mobil Corporation
Released May 3, 2017