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ARTICLE · 17 APRIL 2015

CSA Wants Mining Issuers To Remediate Website Disclosure

Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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Information found on issuer websites is "written disclosure" to which the disclosure requirements of NI 43-101 apply.

CanadaEnergy and Natural Resources

On April 9, 2015, the Canadian Securities Administrators ("CSA") released Staff Notice 43-309 Review of Website Investor Presentations by Mining Issuers which summarizes the results of a review of investor presentations on mining issuers' websites and provides guidance to mining issuers concerning the disclosure requirements under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The Staff Notice was based on an assessment of 130 investor presentations on the websites of mining issuers at the pre-production stage for compliance with NI 43-101 and for compliance with the forward looking information ("FLI") requirements. The Staff Notice is available here.

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