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Refilings and Errors List
On October 25, 2002, we introduced the Refilings and Errors List (the List) on the Commission's web site. The purpose of the List is to provide transparency to the market when, during a staff review, an issuer has amended its CD record, website or social media.
The List identifies issuers and investment funds with deficiencies identified during a staff review and that leads to Corrective Disclosure and will result in the issuer or investment fund being placed on the List. Please note that we will add the name of an issuer or investment fund to the List irrespective of whether the deficiency was identified by staff, by the issuer or investment fund or their advisors during the review process. We will also add the issuer or investment fund to the List regardless of whether the Commission ordered the filing or refiling, or the issuer or investment fund took this step voluntarily.
An issuer or investment fund’s name will be kept on the List for a period of three years from the date the Corrective Disclosure is made to the Continuous Disclosure record or website, or on social media. After the three-year period, the issuer or investment fund’s name will be archived.
For additional information and examples regarding Corrective Disclosure, please refer to OSC Staff Notice 51-711 (Revised) Refilings and Corrections of Errors
Results 61 - 80 of 108
Date of Refiling
Issuer name
Description of Deficiency
Press Release (in PDF)
GCM Mining Corp.
The Issuer filed an amended technical report on the Toroparu Project to address several issues including refence to mineral resources within the PEA mine plan and rounding the mineral resource estimate to significant figures.
Omai Gold Corp.
The Company clarified its disclosure related to reporting of an exploration target on the Omai Project.
Redline Communications Group
The company filed a material change report related to the previously disclosed credit agreement (Credit Agreement) entered into with Edgepoint Wealth Management and two existing investors.
The Company also filed the Credit Agreement under its SEDAR profile.
Orvana Minerals Corp.
The Company announced its intention to amend and refile the Don Mario Technical Report to address certain technical disclosure that does not comply with the requirements of NI 43-101. The amended Technical Report will be refiled by March 16, 2022.
Odd Burger Corporation
Reasons for refiling: The Issuer amended and restated, its management discussion and analysis for the three and nine months ended June 30, 2021 (the Q3 2021 MD&A). The Q3 2021 MD&A was refiled to: (i) provide updates on forward-looking information disclosed in the Issuer’s Filings Statement dated March 19, 2021 (the Filing Statement), (ii) provide updates on the status of projects relative to statements made regarding such projects in the Filing Statement, including expenditures made to-date and anticipated timing and costs to take each project to the next state of the plan (iii) provide a comparison of how the Issuer has used proceeds from prior financings, relative to the Filing Statements, (iv) enhance disclosures relating to the Issuer’s liquidity and capital resources (v) enhance disclosures relating to the Issuer’s regulatory framework (vi) enhance disclosures relating to the Issuer’s year to date financial results and (vii) provide an update on the Issuer’s trademark applications
Solar Alliance Energy Inc.
The Issuer did not file its executive compensation disclosure for the year ended December 31, 2020 as required by subsection 9.3.1(2.2) of National Instrument NI 51-102 Continuous Disclosure Obligations. The Issuer filed this executive compensation disclosure on SEDAR, on January 6, 2022, as part of its management information circular. The Issuer announced this corrective disclosure in a news release dated February 18, 2022.
Zentek Ltd.
The Issuer amended and restated its Interim Financial Statements and Management’s Discussion & Analysis for the interim period ended September 30, 2021 to reflect an impairment of the evaluation and exploration assets given the Issuer’s change of business. The Q2 MD&A also included enhanced disclosures regarding its business and operations, R&D activities, forward looking information and liquidity and capital resources.
In addition, the Issuer also issued a material change report to clarify and provide updates to a number of news releases issued over the past year and disclosures included in continuous disclosure documents, including the development of its patent-pending antimicrobial ZENGuard compound, its licensing status with Health Canada, its commercial revenue generating agreement with Trebor Rx Corp., the development of the Company's planned industrial scale production plant, and certain of its other previously disclosed initiatives and partnerships.
Nextech AR Solutions Corp
Reasons for refiling: The Issuer amended and restated, its management discussion and analysis for the year ended December 31, 2020 (the 2020 Annual MD&A). The 2020 Annual MD&A was refiled to clarify the following: (i) the Issuer’s e-Commerce business is currently its main revenue source (ii) provide disclosures by segment of gross profit, cost of sales and other relevant factors for the e-Commerce and Artificial Intelligence segments as well as the Issuer’s future business plans in respects to both segments. Additionally, the Issuer issued a clarifying press release to update previously disclosed forward looking revenue forecasts set forth in its press releases dated January 12 and 15 of 2021 and February 16, 2021. As noted in the clarifying press release, the Issuer’s previously disclosed revenue projection of $50-$60 million for fiscal 2021 is now expected to be $26 million.
Bee Vectoring Technologies International Inc.
The Issuer filed a material contract, which was required to have been filed at an earlier date.
Psyence Group, Inc.
The Issuer has included enhanced disclosure in its Management’s Discussion & Analysis (MD&A) for the three months ended September 30, 2021. These enhancements relate to, among other things, its liquidity and cash resources, discussion of operations, its projects, expenditures made, the timing and costs anticipated to advance the Issuer’s projects to the next stage, and the regulatory framework relating to psychedelic substances in each jurisdiction where the Issuer operates. In addition, the Issuer filed its management information circular on November 18, 2021, which included the statement of executive compensation disclosure required by Form 51-102F6V that was previously omitted. This disclosure was required to be filed in accordance with subsection 9.3.1(2.2) of NI 51-102.
Wesana Health Holdings Inc. (formerly Debut Diamonds Inc.)
The Issuer had amended and restated its management’s discussion and analysis (the “MD&A”) for the three and six months ended June 30, 2021 and included disclosure in the MD&A for the for the three and nine-months ended September 30, 2021 in respect of the following: (1) provide the required discussion and analysis of operations, including description of projects that have not yet generated revenue; (2) provide enhanced discussion and analysis contained in the Liquidity and Capital Resources section; (3) provide discussion of the material factors and assumptions underlying previously disclosed forward-looking information, as well as updates to and withdrawals of certain previously disclosed forward-looking statements.
RYAH Group, Inc.
The Issuer amended and restated, its management discussion and analysis for the three and six months ended June 30, 2021 (the Q2 Interim MD&A) as well as its condensed consolidated interim financial statements for the six months ended June 30, 2021 (the Q2 Interim Financial Statements). The Q2 Interim MD&A was refiled to correct certain deficiencies including disclosures relating to: (i) the Issuer's operations, business objectives, and relationships with third parties, (ii) the marketing expenditures incurred by the Issuer during the three and six month period ended June 30, 2021, (iii) the regulatory framework governing the Issuer's operations in Canada and the United States, (iv) the Issuer's revenue, liquidity, and working capital, and (v) the impact of the COVID-19 pandemic on the Issuer. The Q2 Interim Financial Statements were amended and restated to: (i) recognize approximately USD $83,000 in share based compensation payable to certain consultants of the Issuer, accrued during the six months ended June 30, 2021, and (ii) correct certain incorrect disclosure in respect of the consideration paid by the Issuer in connection with the reverse takeover transaction completed by the Issuer with Potbotics Inc., in April 2021.
Star Navigation Systems Group Ltd.
The Issuer amended and refiled its Management’s Discussion & Analysis for the year ended June 30, 2021 and the three and nine months ended March 31, 2021 to provide enhanced disclosures of the following: status of the Issuer’s business, analysis of revenues and expenses, discussion of liquidity and capital resources, disclosure about projects that have not yet generated revenue and risk factor disclosure.
Centerra Gold Inc.
| Filed a material change report related to the previously disclosed determination made by Centerra on August 9, 2021, that a number of coordinated actions taken by the Kyrgyz Republic had ultimately resulted in the seizure of the Kumtor Mine by the Kyrgyz Republic and a loss of control of the mine by Centerra. The material change report were required to have been filed at an earlier date. |
dynaCert Inc.
Reasons for refiling: The Issuer filed a clarifying press release on October 15, 2021 to announce that its strategic alliance with Mosolf SE & Co. AG (Mosolf) has been terminated. The Issuer first announced its strategic alliance with Mosolf in a new release dated October 16, 2019. The Issuer disclosed that as part of this arrangement it had signed a purchase order for 1,000 HydraGEN™ units, a dealership agreement for Germany and an understanding to negotiate towards a joint venture for the passenger car after-market in Europe. The Issuer included the same information contained in the October 16, 2019 news release in all subsequent Management Discussion & Analysis (MD&A), without providing any updates on the status of the alliance or the purchase order up until the Q2, 2020 MD&A, thereafter, the Issuer ceased to include any disclosures about its agreement with Mosolf. In the clarifying press release, in addition to disclosing that the agreement has ended, the Issuer discloses that of the 1,000 purchase order only 48 units were actually sold.
Entourage Health Corp.
The issuer refiled its management's discussion and analysis for the interim periods ended March 31, 2021 and June 30, 2021 and its unaudited condensed interim consolidated financial statements for the three months ended March 31, 2021 to reclassify certain loan balances from non-current to current liabilities and to provide additional information in connection with the issuer’s liquidity, capital resources and its ability to continue as a going concern.
Ventripoint Diagnostics Ltd. (formerly Luca Capital Inc.)
The Issuer amended and restated its MD&A to provide enhanced disclosure of the Issuer’s projects, plans, expenditures made and the timing and costs anticipated to advance the Issuer’s projects to the next stage.
Organic Garage Ltd.
| The issuer completed the acquisition of the Future of Cheese Company on March 3, 2021, however the Q1 21 FS for the three months ended April 30, 2021 did not include the disclosures required by IFRS 3 Business Combinations with regard to this acquisition. |
Vanadium One Iron Corp
The issuer clarified that the current Technical Report on the Mont Sorcier Project (June 2021) only supports an updated mineral resource estimate and does not support the financial outcomes of the previous 2020 PEA and cautions investors that the 2020 PEA results should not be relied upon.