Special Session on Continuous Disclosure and Financial Reporting

Level 700, South Building

Wednesday, March 5 2:00 – 5:00 pm

Chair: Greg Ho Yuen, Fasken Martineau DuMoulin LLP

Financial statements, MD&A and other documents that constitute an issuer’s continuous disclosure should provide information and insight about your company to the marketplace. This session will provide an overview of the continuous disclosure regime with an emphasis on issues of particular relevance for mining companies. The areas that have been identified as problematic in continuous disclosure reviews will be discussed. This session will include deficient MD&A examples and how those deficiencies should be addressed.

International Financial Reporting Standards (IFRS) will have a significant impact on Canada’s mining industry in the near future. The mining industry must start planning now. The conversion to IFRS could affect virtually every important decision a company makes. What should you be doing now? What lessons can we learn from conversions already completed in more than 100 other countries?

Paul Cherry, Chair of the Accounting Standards Board, will discuss the Board’s strategy to adopt IFRS as Canadian GAAP and some of the key implications for companies. Tom Whelan, Ernst & Young’s Canadian Mining Industry Leader, will shed light on the key issues facing miners and provide practical advice. Chief Financial Officers and investors relations personnel should attend this session.

Presenters: Rick Whiler, Ontario Securities Commission, Paul Cherry, Accounting Standards Board, and Tom Whelan, Ernst & Young, LLP