1 - Procedure and Related Matters

Take-over bids and issuer bid requirements (TOB/IB) – Restrictions on acquisitions during take-over bid

s.2.2(1) of MI 62-104

s.93.1(1)

TOB/IB – Restrictions on acquisitions during issuer bid

s.2.3(1) of MI 62-104

s.93.1(4)

TOB/IB – Restrictions on acquisitions before  take-over bid

s.2.4(1) of MI 62-104

s.93.2(1)

TOB/IB – Restrictions on acquisitions after bid

s.2.5 of MI 62-104

s.93.3(1)

TOB/IB – Restrictions on sales during formal bid

s.2.7(1) of MI 62-104

s.97.3(1)

TOB/IB – Duty to make bid to all security holders

s.2.8 of MI 62-104

s.94

TOB/IB – Commencement of bid

s.2.9 of MI 62-104

s.94.1(1) and (2)

TOB/IB – Offeror’s circular

s.2.10 of MI 62-104

s.94.2(1) - (4) of Securities Act and

s.3.1 of OSC Rule 62-504

TOB/IB – Change in information

s.2.11(1) of MI 62-104

s.94.3(1)

TOB/IB – Notice of change

s.2.11(4) of MI 62-104

s.94.3(4) of Securities Act and s.3.4 of OSC Rule 62-504

TOB/IB – Variation of terms

s.2.12(1) of MI 62-104

s.94.4(1)

TOB/IB – Notice of variation

s.2.12(2) of MI 62-104

s.94.4(2) of Securities Act and s.3.4 of OSC Rule 62-504

TOB/IB – Expiry date of bid if notice of variation

s.2.12(3) of MI 62-104

s.94.4(3)

TOB/IB – No variation after expiry

s.2.12(5) of MI 62-104

s.94.4(5)

TOB/IB – Filing and sending notice of change or notice of variation

s.2.13 of MI 62-104

s.94.5

TOB/IB – Change or variation in advertised take-over bid

s.2.14(1) of MI 62-104

s.94.6(1)

TOB/IB – Consent of expert – bid circular

s.2.15(2) of MI 62-104

s.94.7(1)

TOB/IB – Delivery and date of bid documents

s.2.16(1) of MI 62-104

s.94.8(1)

TOB/IB – Duty to prepare and send directors’ circular

s.2.17 of MI 62-104

s.95(1)–(4) of Securities Act and s.3.2 of OSC Rule 62-504

TOB/IB – Notice of change

s.2.18 of MI 62-104

s.95.1(1) and (2) of Securities Act and s.3.4 of OSC Rule 62-504

TOB/IB – Filing directors’ circular or notice of change

s.2.19 of MI 62-104

s.95.2

TOB/IB – Change in information in director’s or officer’s circular or notice of change

s.2.20(2) of MI 62-104

s.96(2)

TOB/IB – Form of director’s or officer’s circular

s.2.20(3) of MI 62-104

s.96(3) of Securities Act and s.3.3 of OSC Rule 62-504

TOB/IB – Send director’s or officer’s circular or notice of change to securityholders

s.2.20(5) of MI 62-104

s.96(5)

TOB/IB – File and send to offeror director’s or officer’s circular or notice of change

s.2.20(6) of MI 62-104

s.96(6)

TOB/IB –  Form of notice of change for director’s or officer’s circular

s.2.20(7) of MI 62-104

s.96(7) of Securities Act and s.3.4 of OSC Rule 62-504

TOB/IB – Consent of expert, directors’ circular, etc.

s.2.21 of MI 62-104

s.96.1

TOB/IB – Delivery and date of offeree issuer’s documents

s.2.22(1) of MI 62-104

s.96.2(1)

TOB/IB – Consideration

s.2.23(1) of MI 62-104

s.97(1)

TOB/IB – Variation of consideration

s.2.23(3) of MI 62-104

s.97(3)

TOB/IB – Prohibition against collateral agreements

s.2.24 of MI 62-104

s.97.1(1)

TOB/IB – Proportionate take up and payment

s.2.26(1) of MI 62-104

s.97.2(1)

TOB/IB – Financing arrangements

s.2.27(1) of MI 62-104

s.97.3(1)

TOB/IB – Minimum deposit period

s.2.28 of MI 62-104

s.98(1)

TOB/IB – Prohibition on take up

s.2.29 of MI 62-104

s.98(2)

TOB/IB – Obligation to take up and pay for deposited securities

s.2.32 of MI 62-104

s.98.3

TOB/IB – Return of deposited securities

s.2.33 of MI 62-104

s.98.5

TOB/IB – News release on expiry of bid

s.2.34 of MI 62-104

s.98.6

TOB/IB – Language of bid documents

s.3.1 of MI 62-104

n/a

TOB/IB – Filing of documents by offeror

s.3.2(1) of MI 62-104

s.98.7 of Securities Act and s.5.1(1) of OSC Rule 62-504

TOB/IB – Filing of documents by offeree issuer

s.3.2(2) of MI 62-104

s.5.1(2) of OSC Rule 62-504

TOB/IB – Time period for filing

s.3.2(3) of MI 62-104

s.5.1(3) of OSC Rule 62-504

TOB/IB – Filing of subsequent agreement

s.3.2(4) of MI 62-104

s.5.1(4) of OSC Rule 62-504

TOB/IB – Certification of bid circulars

s.3.3(1) of MI 62-104

s.99(1)

TOB/IB – All directors and officers sign

s.3.3(2) of MI 62-104

s.99(2)

TOB/IB – Certification of directors’ circular

s.3.3(3) of MI 62-104

s.99(3)

TOB/IB – Certification of individual director’s or officer’s circular

s.3.3(4) of MI 62-104

s.99(4)

TOB/IB – Obligation to provide security holder list

s.3.4(1) of MI 62-104

s.99.1(1)

TOB/IB – Application of Canada Business Corporations Act

s.3.4(2) of MI 62-104

s.99.1(2)

TOB/IB – Early Warning

s.5.2 of MI 62-104

s.102.1(1) – (4) of Securities Act and s.7.1 of OSC Rule 62-504

TOB/IB – Acquisitions during bid

s.5.3 of MI 62-104

s.102.2(1) and (2) of Securities Act and s.7.2(1) of OSC Rule 62-504

TOB/IB – Copies of news release and report

s.5.5 of MI 62-104

s.7.2(3) of OSC Rule 62-504