Securities Law & Instruments

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NOTICE OF MINISTERIAL APPROVAL

ONTARIO AMENDING INSTRUMENT

AMENDING

NATIONAL INSTRUMENT 45-106

PROSPECTUS AND REGISTRATION EXEMPTIONS

On December 22, 2005, the Minister responsible for the oversight of the Commission approved, pursuant to subsection 143.3(3) of the Securities Act (Ontario), an amendment instrument (the Amendment Instrument) that will amend National Instrument 45-106 Prospectus and Registration Exemptions in Ontario.

The Amendment Instrument was previously published in the Bulletin on December 9, 2005. The Amendment Instrument will come into force in Ontario on January 6, 2006.

The Amendment Instrument is published in Chapter 5 of the Bulletin.