21
November 2018

NI43-101 Standards of Disclosure for Mineral Projects

Status: This seminar has been postponed. A new date is to be announced.
Date: Wednesday, November 21, 2018
Time: 8:00 AM-8:30 AM: Registration and Breakfast
8:30 AM-4:30 AM: NI 43-101 Standards of Disclosure for Mineral Projects
Location: Vancouver, BC
Presenter: Greg Gosson, P.Geo., PhD
Credit: 7 Formal Professional Development Hours (PDH)
Cost: Early Bird Price Engineers and Geoscientists BC Member: $349.00 + GST = $366.45 until Nov 7, 2018

Engineers and Geoscientists BC Member and EIT/GIT Regular Price: $419.00 + GST = $439.95

Non-Member Price: $419.00 + GST = $439.95

Student Member Price: $209.50 + GST = $219.98
Please Note: *A minimum number of registrations are needed by November 07, 2018 to proceed with this seminar. Please register early to avoid cancellation.
**All prices are subject to applicable taxes.
Contact: Emma Talbott | Professional Development Coordinator
Direct: 604.412.4880
Toll Free: 1.888.430.8035 ext.4880
Fax: 604.639.8180
Email: [email protected]
The purpose of Public Resource/Reserve Reporting Standards, such as NI 43-101, is to ensure proper communication between companies disclosing the information (including Qualified Persons who prepare underpinning documentation), and the investing public which provides the funds and support needed to enable the companies to operate. The principles of such standards are transparency, materiality, and competence. Common sense adherence to these principles, as well as compliance with the content of the reporting standards, will ensure that the purpose of proper communication is achieved.

Seminar Objectives

This seminar will:

  • Set the Regulatory scene,
  • Make clear who are the securities regulators in Canada and the USA,
  • Talk about the civil liability regime under Canadian securities law from a Qualified Person’s perspective,
  • Cover taking advantage of defences against civil liability when making mining disclosure,
  • Clarfiy the meaning of the terms Material Facts, Material Change, Material Information, and why it is important under NI 43-101,
  • “Potentially misleading disclosure”—the securities regulators’ trump card; just because it isn’t specifically prohibited under NI 43-101, doesn’t mean it is permitted,
  • Clarify how rules under NI 51-102 that apply to forward-looking information by mining companies and carve-outs to certain of those rules,
  • Review mining disclosure standards under NI 43-101 and recent guidance documents provided by the Canadian Securities Administrators on meeting those rules,
  • Demonstrate industry examples of non-compliance with the rules and the consequences,
  • Clarify changes to mining study definitions: Preliminary Feasibility Study, and Feasibility Study, and the principles behind those definitions,
  • Discuss Preliminary Economic Assessments: problem child of Securities Regulators,
  • Talk about changes to the definitions of mineral resources and reserves and their classification categories,
  • The Qualified Person concept; meeting the definition, and
  • Dicuss common compliance issues and misconceptions about NI 43-101.

Those attending the course should have a better understanding of:

  • Mining disclosure standards under NI 43-101,
  • Recent changes to core definitions in CIM Definition Standards that are incorporated by reference into NI 43-101,
  • Common compliance issues that are raised by Canadian Securities regulators, and
  • Recent guidance documents that have been prepared by Canadian Securities Administrators mining staff.

Speaker

Greg Gosson, P.Geo., PhD

  • 35 plus years in mining industry,
  • 5 years as Chief Mining Advisor of the BC Securities Commission,
  • Lead the project to revise NI 43-101 in 2005,
  • Involved in drafting legislation on Civil Liability under securities law, and NI 51-102 Continuous Disclosure Obligations,
  • Former chair, current member of the Mining Technical Advisory and Monitoring Committee on NI 43-101: industry advisory group to the Canadian securities regulators,
  • Member of the PDAC Securities Committee,
  • Member of the CIM Mineral Resources and Mineral Reserves Committee,
  • Member of the CIM—CSA Working Committee on NI 43-101, and
  • 12 years as Technical Director, Geology and Compliance with Wood (formerly Amec Foster Wheeler).


View the full listing of events sponsored and organized by other groups.
Contact Professional Development
Email: [email protected]
Phone: 604.430.8035
Toll-free: 1.888.430.8035
View our career listings or place an employment ad.
Presentations for Post-Secondary Students
Andrea Michaud
Email: [email protected]
Phone: 604.412.4860
 
Presentations for High School Students
Chelsea Smith
Email: [email protected]
Phone: 604.412.4892
See the various opportunities to volunteer with Engineers and Geoscientists BC and in your community.