Notice of Coming into Force of Amendments to National Instrument 45-106 Prospectus Exemptions and Consequential Amendments to National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR), National Instrument 45-102 Resale of Securities, Ontario Securities Commission Rule 11-501 Electronic Delivery of Documents to the Ontario Securities Commission and Ontario Securities Commission Rule 45-501 Ontario Prospectus and Registration Exemptions

On November 21, 2022, pursuant to section 143.4 of the Securities Act (Ontario) the following came into force:

• amendments to National Instrument 45-106 Prospectus Exemptions,

• consequential amendments to National Instrument 13-101 System for Electronic Document Analysis and Retrieval (SEDAR),

• consequential amendments to National Instrument 45-102 Resale of Securities,

• consequential amendments to Ontario Securities Commission Rule 11-501 Electronic Delivery of Documents to the Ontario Securities Commission, and

• consequential amendments to Ontario Securities Commission Rule 45-501 Ontario Prospectus and Registration Exemptions

(collectively, the Amendments)

In connection with the Amendments, the Commission also adopted changes to Companion Policy 45-106CP Prospectus Exemptions and Companion Policy 45-501CP to Ontario Securities Commission Rule 45-501 Ontario Prospectus and Registration Exemptions (the Companion Policies). The changes to the Companion Policies came into effect on November 21, 2022.

The Amendments and Companion Policies were published in the Bulletin on September 8, 2022. The text of the Amendments and the Companion Policies are reproduced in Chapter 5 of this Bulletin.