2025-06-12
Canadian securities regulators issued Draft Regulation 43-101 to establish standardized disclosure requirements for scientific and technical information regarding mineral projects. The regulation mandates that all such disclosures be prepared or supervised by a qualified person and strictly defines categories for mineral resources and reserves while restricting the use of exploration targets and economic analyses. It further imposes specific filing obligations for technical reports in connection with prospectuses, take-over bids, and other material public disclosures to ensure data verification and transparency.