Changes to Companion Policy 45-102 Resale of Securities

1. Companion Policy 45-102 Resale of Securities is changed by this Document.

2. Section 1.1 is changed by adding the following paragraph:

(4) Electronic transmission -- National Instrument 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) prescribes that each document that is required or permitted to be provided to a securities regulatory authority or regulator must be transmitted to the securities regulatory authority or regulator electronically through the System for Electronic Data Analysis and Retrieval + (SEDAR+).

The reference to a document includes any report, form, application, information, material and notice, as well as a copy thereof, and applies to documents that are required or permitted to be filed or deposited with, or delivered, furnished, sent, provided, submitted or otherwise transmitted to, a securities regulatory authority or regulator.

To reflect the phased implementation of SEDAR+, the Appendix of National Instrument 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) sets out securities legislation under which documents are excluded from being filed or delivered in SEDAR+.

National Instrument 13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) should be consulted when providing any document to a securities regulatory authority or regulator under NI 45-102 and this policy..

3. Section 1.16 is changed:

(a) by replacing "SEDAR" with "SEDAR+", and

(b) by replacing "13-101 System for Electronic Document Analysis and Retrieval (SEDAR) and the current CSA SEDAR Filer Manual (including code updates)" with "13-103 System for Electronic Data Analysis and Retrieval + (SEDAR+) and its Companion Policy".

Effective Date

4. These changes become effective on June 9, 2023.