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OSC takes action to reduce burden for mining issuers

  • Securities - OSC Image

Jun 06, 2019

On June 6, 2019, the On­tario Se­cu­ri­ties Com­mis­sion (OSC) announced that, effective immediately, mining issuers can request reviews of public technical disclosure before filing a preliminary short form prospectus. Mining issuers represent the largest population of Ontario head office reporting issuers, and this development will allow for material comments to be resolved promptly.

OSC staff will review mining issuers’ technical disclosure in documents previously filed on SEDAR and disclosure on issuers’ websites, including: current annual information forms; news releases and material change reports; current technical reports; and investor presentations. The pre-filing reviews will focus on any material issues that could affect the ability of an issuer to be granted a receipt from the OSC for a short form prospectus in a timely manner. 

Re­view the press re­lease and the Staff No­tice on the OSC's web­site.

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