CSA Reviews Mining Issuers' Investor Presentations
|Area||Corporate Finance and Securities, Mining and Natural Resources|
The Canadian Securities Administrators (CSA) have published CSA Staff Notice 43-309, which summarizes the findings of staff of the Autorité des marchés financiers, the British Columbia Securities Commission and the Ontario Securities Commission and outlines the CSA’s expectations for website and investor presentation disclosure by mining issuers. The Staff Notice concludes that investor presentations found on many mining issuers’ websites contain non-compliant disclosure. Incomplete information and overly promotional language were identified as key areas of concern. Mining issuers are expected to use the Staff Notice as a tool to strengthen their compliance with securities law.