On October 31, 2018 the United States Securities and Exchange Commission (SEC) announced the adoption of amendments to modernize the property disclosure requirements for mining registrants. According to an SEC press release “the amendments will provide investors with a more comprehensive understanding of a registrant’s mining properties, which should help them make more informed investment decisions”.
The new rules, which are set out in a comprehensive 453 page document, will recognize global standards as embodied by the Committee for Reserves International Reporting Standards (CRIRSCO) which are similar to the CIM Standards incorporated in NI 43-101 as well as the Australian JORC Code. The current SEC Industry Guide 7 only permits the disclosure of non-reserve estimates, such as mineral resources, in limited circumstances. The new rules require the disclosure of mineral resources in addition to mineral reserves.
What does this mean for foreign mining companies dual listed in their own jurisdiction and the USA? A panel made up of consultants, regulators, and Canadian, US and Australian lawyers will discuss the implications.
- Chris Doerksen, Partner, Dorsey & Whitney, Seattle
- Deborah McCombe, President & CEO, Roscoe Postle Associates UK
- Luc Arsenault, Senior Manager, Compliance Disclosure, Toronto Stock Exchange
- Douglas Silver, Portfolio Manager, Orion Resource Partners, Denver, CO
- Simon Scott, Partner, MinterEllison, Brisbane, Australia
- 12:00 - 12:30 EST Registration and Lunch
- 12:30 - 14:00 EST Seminar and Q&A
This seminar is complimentary
This is an in-person seminar only
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