Securities Law

71-502F2 - Notice by Exempt Foreign Issuer - Offering [F Proposed - Lapsed]

Published Date: 2004-06-25
Rescinded Date: 2006-05-31
June 25, 2004Proposed
Form 71-502F2
Notice by Exempt Foreign Issuer - Offering

This is the form of notice required under section 5(1)(d)of
BC Instrument 71-502 Exemptions for Foreign Market Participants.


_____________________ [insert name of issuer] is an issuer that is exempt from British Columbia securities laws relating to offerings of securities if it complies with the laws of ____________________[insert jurisdiction]. The securities regulator responsible for enforcing those laws is __________________ [insert name of regulator].

The disclosure documents enclosed have been prepared in accordance with those laws, not the laws of British Columbia.

You should be aware that:
  • The disclosure documents may not contain the same information as documents prepared in accordance with British Columbia laws.
  • The financial statements are not prepared in accordance with Canadian generally accepted accounting principles (GAAP) or audited in accordance with Canadian generally accepted auditing standards (GAAS). This means that they may not be comparable to financial statements of an issuer whose financial statements are prepared in accordance with Canadian GAAPand audited in accordance with Canadian GAAS. [Instruction: You may delete this paragraph if it is not applicable.]
  • If the issuer is incorporated, continued or otherwise organized under the laws of a foreign jurisdiction, it may be more difficult for you to take legal action against the issuer than it would be for you to take action against an issuer that is incorporated, continued or otherwise organized under the laws of Canada or a province or territory. _________________________ [insert name of agent]is the issuer's agent for service in British Columbia located at the following address:

________________________________________________________________

________________________________________________________________.



__________________________________________________________________
Instructions
  • The jurisdiction you specify in the first paragraph of this notice must be a province or a designated foreign jurisdiction under section 1 of BCI 71-502, i.e. the United States (if listed on NYSE, AMEX or the NASDAQ stock market), Australia or the United Kingdom.
  • If the issuer has reporting obligations in more than one designated foreign jurisdiction that are substantially similar to those of a public issuer, section 6 of BCI 71-502 allows it to choose which jurisdiction will be its designated foreign jurisdiction; this notice must specify the jurisdiction chosen under that section.