[Federal Register Volume 67, Number 144 (Friday, July 26, 2002)]
[Notices]
[Page 48958]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-18929]


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SECURITIES AND EXCHANGE COMMISSION


Issuer Delisting; Notice of Application To Withdraw From Listing 
and Registration on the American Stock Exchange LLC (Global Light 
Telecommunications, Inc., Common Stock, no par value) File No. 1-14864

July 19, 2002.
    Global Light Telecommunications, Inc., a Canada corporation 
(``Issuer''), has filed an application with the Securities and Exchange 
Commission (``Commission''), pursuant to Section 12(d) of the 
Securities Exchange Act of 1934 (``Act'') \1\ and Rule 12d2-2(d) 
thereunder,\2\ to withdraw its Common Stock, no par value 
(``Security''), from listing and registration on the American Stock 
Exchange LLC (``Amex'' or ``Exchange'').
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    \1\ 15 U.S.C. 78l(d).
    \2\ 17 CFR 240.12d2-2(d).
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    The Issuer stated in its application that it has met the 
requirements of Amex Rule l8 by complying with all applicable laws in 
effect in the Territory of Yukon, Canada, in which it is incorporated, 
and with the Amex's rules governing an issuer's voluntary withdrawal of 
a security from listing and registration. The Issuer states that it 
will continue listing its Security on the TSX Venture Exchange. The 
Issuer's application relates solely to the withdrawal of the Security 
from listing on the Amex and registration under Section 12(b) \3\ of 
the Act or its obligation to be registered under Section 12(g) of the 
Act.\4\
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    \3\ 15 U.S.C. 78l(b).
    \4\ 15 U.S.C. 78l(g).
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    The Board of Trustees (``Board'') of the Issuer unanimously 
approved a resolution on June 28, 2002 to withdraw the Issuer's 
Security from listing on the Amex. In making the decision to withdraw 
its Security from the Amex, the Board states that the Company obtained 
an order in the Supreme Court of British Columbia granting it certain 
relief under the Companies' Creditors Arrangement Act in Canada, 
including a stay of proceedings and protection from creditors.
    Any interested person may, on or before August 12, 2002, submit by 
letter to the Secretary of the Securities and Exchange Commission, 450 
Fifth Street, NW., Washington, DC 20549-0609, facts bearing upon 
whether the application has been made in accordance with the rules of 
the Amex and what terms, if any, should be imposed by the Commission 
for the protection of investors. The Commission, based on the 
information submitted to it, will issue an order granting the 
application after the date mentioned above, unless the Commission 
determines to order a hearing on the matter.

    For the Commission, by the Division of Market Regulation, 
pursuant to delegated authority.\5\
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    \5\ 17 CFR 200.30-3(a)(1).
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Jonathan G. Katz,
Secretary.
[FR Doc. 02-18929 Filed 7-25-02; 8:45 am]
BILLING CODE 8010-01-P