Amendments to OSC Rule 45-501 Ontario Prospectus and Registration Exemptions

AMENDMENTS TO
ONTARIO SECURITIES COMMISSION RULE 45-501
ONTARIO PROSPECTUS AND REGISTRATION EXEMPTIONS

1. Ontario Securities Commission Rule 45-501 Ontario Prospectus and Registration Exemptions is amended by this Instrument.

2. Section 5.1 is amended by adding the following paragraph:

(d.1) section 2.9 of NI 45-106 [Offering Memorandum],.

3. Section 5.4 is amended by renumbering it as subsection 5.4(1) and by adding the following subsection:

"(2) The requirement in subsection (1) does not apply to an offering memorandum prepared and filed with the Commission in accordance with section 2.9 of NI 45-106."

4. This Instrument comes into force on January 13, 2016.