NIN 97/07 - System for Electronic Document Analysis and Retrieval (SEDAR) - Issuers in Default [NIN - Rescinded]

Pursuant to National Instrument 13-101, all Mutual Fund Reporting Issuers and issuers that participate in the Prompt Offering Qualification System and file an Annual Information Form under National Policy No. 47 ("POP Reporting Issuers") have been required, since January 1, 1997, to file continuous disclosure documents electronically under the System for Electronic Document Analysis and Retrieval (SEDAR). Non-POP Reporting Issuers (other than Single Jurisdiction Filers) have been required to file continuous disclosure documents electronically under SEDAR since February 1, 1997, and effective March 1, 1997, all filers, including reporting issuers, non-reporting issuers and third party filers, other than Single Jurisdiction Filers ("Non-Single Jurisdiction Filers"), will be required to file all mandated documents electronically. A list of all mandated electronic filings is included as Appendix A to National Instrument 13-101.

References in this notice to Mutual Fund Reporting Issuers, POP Reporting Issuers, Non-POP Reporting Issuers and Non-Single Jurisdiction Filers should be read to include foreign issuers (SEDAR) that have filed, under section 2.1(2) of National Instrument 13-101, a notice of election to become an electronic filer under SEDAR.

Non-Single Jurisdiction Filers filing any mandated documents with the Commission in paper format will be notified by the Commission that the documents must be refiled in electronic format as required under National Instrument 13-101. Failure to refile documents in electronic format within 15 calendar days of notification by the Commission may result in an issuer appearing on the Commission's list of Issuers in Default and being subject to a cease trade order without further notice.

Once an issuer has received notification, failure to make subsequent filings in electronic format may result in the issuer appearing as a defaulting issuer and being subject to a cease trade order without further notice.

DATED at Vancouver, British Columbia, on February 12, 1997.

Douglas M. Hyndman
Chair