CSA Staff Notice: 43-308 (Revised) - Professional Associations under NI 43-101 Standards of Disclosure for Mineral Projects

CSA Staff Notice 43-308 (Revised)
Professional Associations
under NI 43-101 Standards of Disclosure for Mineral Projects

(First published August 16, 2012, revised February 21, 2013)

February 21, 2013

Introduction

This Notice confirms staff's view that certain professional organizations meet the tests set out in National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101) for professional associations and membership designations. 

As noted in subsections 1.1 (5) and 1.1 (7) of Companion Policy 43-101CP (the Companion Policy), Canadian securities regulatory authorities will periodically update the list of foreign professional associations and membership designations in Appendix A of the Companion Policy. Staff may communicate its interpretation of the tests in NI 43-101 as they apply to other foreign professional associations by revisions to this Notice between periodic updates of the Companion Policy. 

Additions to the List of Foreign Associations and Membership Designations

After considering submissions received, in staff's view the organizations listed in this Notice meet the definition of a "professional association" in NI 43-101, and the membership designations listed meet the criteria in paragraph (e) of the definition of "qualified person" in NI 43-101. 

Foreign Association	Membership Designation	Date of Determination
The Institution of Engineers Australia (Engineers Australia)	Chartered Professional Engineer (CPEng)	May 29, 2012
The Institution of Professional Engineers New Zealand (Engineers New Zealand, IPENZ)	Chartered Professional Engineer (CPEng)	November 5, 2012

These associations and membership designations should be considered additions to the list of accepted foreign associations and membership designations in Appendix A of the Companion Policy. 

Issuers filing technical reports where an author holds a designation listed in this Notice should note that the author must still meet all other elements of the definition of "qualified person" in section 1.1 of NI 43-101, including the requirements for relevant education and professional experience. 

Questions

Please refer your questions to any of the following people: 

Robert Holland Chief Mining Advisor, Corporate Finance British Columbia Securities Commission 604-899-6719 or 1-800-373-6393 (toll free in Canada) [email protected]		Craig Waldie Senior Geologist, Corporate Finance Ontario Securities Commission 416-593-8308 [email protected]
James Whyte Senior Geologist, Corporate Finance Ontario Securities Commission 416-593-2168 [email protected]		Luc Arsenault Géologue Autorité des marchés financiers 514-395-0337, ext. 4373 [email protected]