Notice of Ministerial Approval - Multilateral Instrument: MI - 55-103 - Insider Reporting for Certain Derivative Transactions (Equity Monetization)

NOTICE OF MINISTERIAL APPROVAL

MULTILATERAL INSTRUMENT 55-103

INSIDER REPORTING FOR CERTAIN DERIVATIVE TRANSACTIONS

(EQUITY MONETIZATION)

On January 26, 2004, the Minister of Finance approved, pursuant to subsection 143.3(3) of the Securities Act (Ontario), Multilateral Instrument 55-103 -- Insider Reporting for Certain Derivative Transactions (Equity Monetization) (the Rule) as a rule under the Securities Act (Ontario).

The Rule and the related companion policy, Companion Policy 55-103CP Insider Reporting for Certain Derivative Transactions (Equity Monetization) (the Policy), will come into force in Ontario on February 28, 2004.

The Rule and the Policy were previously published in the Bulletin on November 28, 2003. The Rule and Policy are published in Chapter 5 of this Bulletin.