On March 20, 2020, the Canadian Securities Administrators (the
"CSA") announced by press release its
guidance with respect to annual general meetings
("AGM") during COVID-19 specifically
relating to changes to an AGM's date, time or location and
holding virtual or hybrid AGMs.
This guidance is limited to all business transacted at an AGM.
For reporting issuers involved in proxy contests, holding special
meetings for merger and acquisition transactions or obtaining
securityholder approval for transactions under Multilateral
Instrument 61-101 Protection of Minority Securityholders in
Special Transactions, the issuer should contact its principal
regulator to determine the appropriate course of action.
