New rules that make it simpler and cheaper for mining companies to disclose to investors new projects and other significant changes in their circumstances take effect June 30.
The new rules align Canada's disclosure standards for mineral projects more thoroughly with current global ownership and operating realities. They are designed to eliminate or reduce the scope of certain disclosure requirements and, at the same time, maintain investor protection, provide greater flexibility to mining issuers and qualified persons, increase the recognition of foreign professional associations and reflect recent changes in the mining industry.