Notice of Coming into Force of Amendments to Ontario Securities Commission Rule 48-501 Trading During Distributions, Formal Bids and Share Exchange Transactions (Rule 48-501)

Amendments to Rule 48-501 (Amendments) will come into force on May 18, 2021, pursuant to section 143.4 of the Securities Act (Ontario).

In connection with the Amendments, the Ontario Securities Commission also adopted changes (theChanges) to Companion Policy 48-501CP. The Changes will come into effect on May 18, 2021.

The Amendments, along with the Changes, were published in the Bulletin on March 11, 2021 at (2021), 44 OSCB 1945. The Amendments are reproduced in Chapter 5 of this Bulletin and at www.osc.ca.