Securities Law

51-507 - Venture issuers traded on certain foreign markets [BCI - Rescinded]

Published Date: 2004-03-30
Effective Date: 2004-03-30
Rescinded Date: 2005-02-11

Concurrently Published:

The Commission, having considered that to do so would not be prejudicial to the public interest, orders that effective March 30, 2004 the attached BC Instrument 51-507 entitled Venture issuers traded on certain foreign markets is made.





March 30, 2004




Douglas M. Hyndman
Chair



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(This part is for administrative purposes only and is not part of the Order)

Authority under which Order is made:
Act and sections:
Other (specify): National Instrument 51-102 Continuous Disclosure Obligations, section 13.1




BC Instrument 51-507

Venture issuers traded on certain foreign markets
Order Under Section 13.1 of
National Instrument 51-102Continuous Disclosure Obligations

Exemption
1. The requirement in National Instrument 51-102 Continuous Disclosure Obligations in the definition of venture issuer that a reporting issuer not, at the relevant time, have any of its securities listed or quoted on a marketplace outside of Canada and the United States of America, does not apply to a reporting issuer whose securities are traded on a marketplace listed in Schedule A, provided that the issuer’s securities are not also quoted or traded on any other marketplace outside of Canada and the United States of America.



Schedule A


Freiverkehr der FWB Frankfurter Wertpapierbörse (Regulated Unofficial Market of the Frankfurt Stock Exchange)

Freiverkehr der Börse Berlin-Bremen (Unofficial Regulated Market of the Berlin-Bremen Stock Exchange)