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ARTICLE · 08 JUNE 2004

New Securities Rule Requires Disclosure Of Voting Results

Goodmans LLP
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With the implementation of the Rule, the Canadian Securities Administrators intend that investors be provided with higher quality information on a more timely basis. To achieve this objective, the Rule imposes a number of filing requirements that reporting issuers previously did not have. Among those is a requirement to file a report disclosing the results of matters voted on at shareholder meetings.

CanadaFinance and Banking
Goodmans LLP
Goodmans LLP
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In our Corporate Securities Update* of January 13, 2004, we introduced National Instrument 51-102 - Continuous Disclosure Obligations which provides a nationally harmonized set of continuous disclosure requirements for reporting issuers (other than investment funds).
*http://www.goodmans.ca/site/pdfs/nondisclosure.pdf)

With the implementation of the Rule, the Canadian Securities Administrators intend that investors be provided with higher quality information on a more timely basis. To achieve this objective, the Rule imposes a number of filing requirements that reporting issuers previously did not have. Among those is a requirement to file a report disclosing the results of matters voted on at shareholder meetings.

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