Québec Mines + Énergie - November 18 to 21 2019 - Québec City Convention Center

Mining Companies: Capital Markets and Regulatory Obligations for Advanced-Stage Mining Projects (TSX, AMF and MERN)

Speakers: Luc Arsenault (TSX), André Laferrière, Marie-Claude Brunet-Ladrie (AMF), Jean-Martin Gauthier, Vincent Fréchette and Denys Laplante (MERN)

Date: November 18, 2019 from 9:00 a.m. to 4:30 p.m.
Room: 308-A

The short course is free of charge, but participants must register for it in advance. Places are limited.

This one-day short course will provide participants with a better understanding of the financial and regulatory aspects of an advanced-stage mining project, both in financing opportunities and in the obligations of the mining proponent under various legislation.

Content

In a first phase, the course will feature the Toronto Stock Exchange (the “TSX”), a market of choice for mining project financing and development. Stock listings require careful consideration for mining companies seeking equity financing. The TSX registration and retention criteria and the occasional information policy will be discussed during the course.

The second phase of the course will be the Mining Project Information Regulation 43-101. Publicly traded mining companies must provide information to the public about their projects. Speakers will outline the basic principles of Regulation 43-101 and review the mineral resources, the concept of a sound basis for the assumptions used, and identify the key elements of the studies to be included in the headings of a technical report. Finally, this component will provide a review of the key concepts and elements of non-compliance most frequently observed when presenting information on advanced projects.

The third component of the course concerns the rights and obligations related to advanced projects and mining in the Mining Act and the Mining and Oil and Gas Transparency Measures Act. As a first step, the main provisions of the Mining Act relating to the claim and application for a mining lease will be addressed. The rights and obligations of a mining lease and the measures to secure, redevelop and restore the mine site will be exposed. Finally, we will provide an overview of the Mining and Oil and Gas Transparency Measures Act, specifically the financial aspects of a mining project, the obligations to provide a feasibility study, and the economic and market opportunity study for processing in Quebec. An overview of the different contexts of a mining lease application and a presentation of the Ministère de l’Énergie et des Ressources naturelles directive setting out the content of the Mining Act feasibility study will be provided. Finally, the guide for drafting of the economic opportunity and market study for processing in Quebec will be the subject of the last presentation. Short course participants will be able to identify what such a study should contain.

Thematic: economy and community