On October 31, 2018, the SEC adopted final rules effecting a complete overhaul of the technical disclosure requirements applicable to companies engaged in material mining operations, including royalties. Upon effectiveness in 2021, the new rules will replace the SEC’s decades-old guidelines, set forth in Industry Guide 7. The new rules will bring the US reporting regime closer to global reporting standards, and will apply to all SEC reporting companies except those that report exclusively under the Canada-US MJDS system. Our speakers provided an overview of the new rules, and how US domestic, Canadian, other foreign and even MJDS filers will be affected.
A written discussion of the SEC’s new mining disclosure rules (in Q&A format) is available on Dorsey.com here.
Chris Doerksen, Partner, Dorsey & Whitney LLP, Seattle
Kimberley Anderson, Partner, Dorsey & Whitney LLP, Seattle
Click here to view the materials from the webinar.
**NOTE: Watching this recording does not allow the user to obtain CLE, CPD, CPE or HR credits.