BCSC announces expedited short-form prospectus review process for mining companies

Posted on July 16, 2009

The British Columbia Securities Commission (BCSC) announced today that it is launching an expedited review process for mining companies seeking to distribute securities through the short form prospectus process. Citing the short window available to such companies to complete financing, the BCSC stated that it will use "best efforts" to review the company's SEDAR disclosure, including annual information forms and existing technical reports for compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects before the preliminary prospectus is filed. Companies for which British Columbia is the principal regulator may request such a review by emailing the BCSC's Chief Mining Advisor at least 10 days prior to filing the preliminary short-form prospectus.

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