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SEC amends property disclosure requirements for mining registrants

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Oct 30, 2018

On October 31, 2018, the Securities And Exchange Commission (SEC) issued a final rule, “Modernization of Property Disclosures for Mining Registrants.”

The final rule aligns the property disclosure requirements for mining registrants and related guidance with current industry and global regulatory practices and standards. The amendments are designed to help investors “make more informed investment decisions”  about registrants’ mining properties.

The SEC has adopted a “two-year transition period so that a registrant will not begin to comply with the new rules until its first fiscal year beginning on or after Jan. 1, 2021.”

Review the press release and final rule on the SEC’s website.

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