Changes To The Venture Issuer Rules

The Canadian securities commissions have implemented a number of changes to the continuous disclosure and governance obligations of venture issuers which came into force on June 30, 2015.¹ Venture issuers in Canada are typically junior public companies with shares listed on the TSX Venture Exchange (TSX-V) or the Canadian Stock Exchange (CSE). These amendments are intended to soften the regulatory disclosure requirements imposed on these venture issuers by achieving a fairer balance between the expense of compliance for these smaller, younger public companies and the interests of the venture issuer investor community at large.

Highlighted here are five important changes:

1. Quarterly Highlights