Summary
On April 14, 2022, the Canadian Securities Administrators (CSA)
issued a consultation paper (the "Consultation
Paper") seeking feedback about the efficacy of
certain key provisions of National Instrument 43-101
Standards of Disclosure for Mineral Projects (NI 43-101),
and whether regulatory changes would address concerns expressed by
certain stakeholders. The CSA are accepting comments on the
Consultation Paper until July 13, 2022.
Purpose of NI 43-101
NI 43-101 governs disclosure of scientific and technical
information regarding mineral projects of issuers that operate in
the mining industry to protect the investing public and the
integrity of the Canadian capital markets. All disclosure, whether
oral or written, must be based upon information prepared by and
under the supervision of a "qualified person", and
specified terminology is required when disclosing mineral resources
and mineral reserves. In addition, mining issuers must prepare and
file
