Regulatory Alerts2023-06-09
Policy Statement to Regulation 43-101 Respecting Standards of Disclosure for Mineral Projects
The Canadian securities regulatory authorities issued this policy to interpret and apply Regulation 43-101 regarding standards for disclosing scientific and technical information on mineral projects. The document clarifies issuer responsibilities for materiality assessments, the objective standard of reasonableness, and the independence requirements for qualified persons preparing technical reports. It further defines acceptable foreign codes, prohibits misleading economic analyses based on inferred resources, and mandates the use of plain language and specific terminology in public disclosures.
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