Notice

GRO 61-901 Exemption from Valuation Requirement in Certain Take-over Bids

On February 8, 2002 the Director of the Saskatchewan Securities Commission made General Ruling/Order 61-901 Exemption from Valuation Requirement in Certain Take-over Bids ("GRO 61-901")

GRO 61-901 exempts an offeror from the valuation requirements in subsection 146(1) of The Securities Regulations if those requirements arise solely because the offeror anticipates that a going private transaction will follow the take-over bid.

Contact:

Dean Murrision
Deputy Director, Legal
787-5879

TOP OF PAGE