2023-06-01

Amendments to Policy Statement to Regulation 43-101 Respecting Standards of Disclosure for Mineral Projects

The Canadian securities regulators amended the Policy Statement to National Instrument 43-101 to align disclosure requirements with the transition to the System for Electronic Data Analysis and Retrieval Plus (SEDAR+). The changes replace references to SEDAR with SEDAR+ in Sections 4.2 and 4.3 and update the electronic transmission rules to reflect the phased implementation of the new system. Additionally, the second paragraph of Section 6.1 was repealed to remove outdated procedural guidance.

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AMENDMENTS TO POLICY STATEMENT TO REGULATION 43-101 RESPECTING STANDARDS OF DISCLOSURE FOR MINERAL PROJECTS

  1. Section 4.2 of Policy Statement to Regulation 43-101 respecting Standards of Disclosure for Mineral Projects is amended: (1) by replacing “SEDAR”, wherever it appears in paragraph (1), by “SEDAR+”; (2) by replacing paragraph (11) by the following: “(11) Electronic transmission Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) (insert reference) prescribes that each document that is required or permitted to be provided to a regulator, except in Québec, or securities regulatory authority must be transmitted to the regulator, except in Québec, or securities regulatory authority electronically through the System for Electronic Data Analysis and Retrieval + (SEDAR+). The reference to a document includes any report, form, application, information, material and notice, as well as a copy thereof, and applies to documents that are required or permitted to be filed or deposited with, or delivered, furnished, sent, provided, submitted or otherwise transmitted to, a regulator, except in Québec, or securities regulatory authority. To reflect the phased implementation of SEDAR+, the Appendix of Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) sets out securities legislation under which documents are excluded from being filed or delivered in SEDAR+. Regulation 13-103 respecting System for Electronic Data Analysis and Retrieval + (SEDAR+) should be consulted when providing any document to a regulator, except in Québec, or securities regulatory authority under the Regulation and this Policy.”.
  2. Section 4.3 of the Policy Statement is amended by replacing “SEDAR”, in paragraph (2), by “SEDAR+”.
  3. Section 6.1 of the Policy Statement is amended by repealing the second paragraph.