Changes to Companion Policy 44-101CP Short Form Prospectus Distributions

COMPANION POLICY 44-101CP
TO NATIONAL INSTRUMENT 44-101 SHORT FORM PROSPECTUS DISTRIBUTIONS

1. The changes to Companion Policy 44-101CP to National Instrument 44-101 Short Form Prospectus Distributions are set out in this Schedule.

2. Part 1 is changed by adding the following after subsection 1.7(5):

1.8 Bought Deal Provisions - Issuers and investment dealers relying on the bought deal provisions in Part 7 of NI 44-101 should refer to the guidance in Part 6 of the Companion Policy to NI 41-101.

1.9 Marketing Activities - Issuers and investment dealers should also refer to the guidance on marketing activities in Part 6 of the Companion Policy to NI 41-101. While NI 44-101 has provisions on marketing after the announcement of a bought deal and before a receipt for a preliminary short form prospectus, NI 41-101 has general provisions that apply to marketing during the waiting period and after a receipt for a final prospectus..

3. Section 3.6 is changed

(a) in the heading, by adding "or Marketing Materials" after "Reports", and

(b) by adding the words "or a subsequently filed template version of marketing materials" after "a subsequently filed material change report".

4. These changes become effective on August 13, 2013.