Securities Law & Instruments

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NOTICE OF MINISTERIAL APPROVAL

OF

REPLACEMENT OF

NATIONAL INSTRUMENT 43-101 STANDARDS

OF DISCLOSURE FOR MINERAL PROJECTS

AND

CONSEQUENTIAL AMENDMENT TO

NATIONAL INSTRUMENT 51-102

CONTINUOUS DISCLOSURE OBLIGATIONS

On November 24, 2005, the Minister of Government Services approved, pursuant to subsection 143.3(3) of the Securities Act (Ontario), the following as rules under the Act (together the Rules):

    • National Instrument 43-101 Standards of Disclosure for Mineral Projects, including Form 43-101F1 Technical Report as a replacement for the existing National Instrument 43-101 Standards of Disclosure for Mineral Projects, including Form 43-101F1 Technical Report; and

    • Amendment Instrument for National Instrument 51-102 Continuous Disclosure Obligations.

The Rules were previously made by the Commission on August 23, 2005. On August 23, 2005, the Commission also adopted as a policy Companion Policy 43-101CP to National Instrument 43-101 Standards of Disclosure for Mineral Projects (the Policy).

The Rules and the Policy were previously published in the Bulletin on October 7, 2005. The Rules and the Policy are published in Chapter 5 of this Bulletin. The Rules and the Policy will come into force in Ontario on December 30, 2005.

As indicated in the CSA Notice published on October 7, 2005, effective December 30, 2005, CSA Staff Notice 43-302 Frequently Asked Questions -- National Instrument 43-101 Standards of Disclosure for Mineral Projects is withdrawn.