Amendments to OSC Rule 45-501 Ontario Prospectus and Registration Exemptions

AMENDMENTS TO ONTARIO SECURITIES COMMISSION RULE 45-501
ONTARIO PROSPECTUS AND REGISTRATION EXEMPTIONS

1. Ontario Securities Commission Rule 45-501 Ontario Prospectus and Registration Exemptions is amended by this Instrument.

2. Section 5.1 is amended by deleting "and" at the end of paragraph (f), and by adding the following paragraph:

(f.1) section 5 of Multilateral Instrument 45-108 Crowdfunding [Crowdfunding prospectus exemption], if the eligible crowdfunding issuer is a reporting issuer, and .

3. This Instrument comes into force on January 25, 2016.