51-105 – Issuers Quoted in the U.S. Over-the-Counter Markets
Securities Division
4th Floor, 2365 Albert Street
Regina, SK, S4P 4K1
Tel: (306)787-5645
Fax: (306)787-5899
Email: fcaa@gov.sk.ca
51-105 – Issuers Quoted in the U.S. Over-the-Counter Markets
- MI 51-105 Issuers Quoted in the U.S. Over-the-Counter Markets51_105_mi_may_10_2012.pdf
Effective Date: September 7, 2012.
Despite subsection (1), except in British Columbia, sections 5, 6, 7, and 8 come into force on September 30, 2012.
Designates as reporting issuers in the local jurisdiction, any issuer whose securities are quoted only on a US OTC market and that have a significant connection to that local jurisdiction.
- Amendments to National Instrument 51-10551_105_amendments_september_19_2025.pdf
Effective Date: September 19, 2025. In Saskatchewan: September 19, 2025.
The purpose of the Amendment Regulations is to codify previously granted relief related to changes at some recognized exchanges and to align securities legislation requirements with the August 2022 requirements with changes made to the Canada Business Corporations Act (CBCA) and the Canada Business Corporations Regulations, 2001.
The Amendment Regulations address the following:
- the creation of a senior tier at the Canadian Securities Exchange (CSE), which is intended to be a non-venture tier;
- to ensure that requirements for non-venture issuers will also apply to those reporting issuers that are listed on the CSE Senior Tier;
- the name change of the PLUS markets to AQSE Growth Market;
- the name change of NEO Exchange Inc. to Cboe Canada Inc.; and,
- amendments to the CBCA dealing with “majority voting”.
Please see Part LII on page 8 of the linked PDF.
- Amendments to Multilateral Instrument 51-10551_105_mi_amendments_2023_03_23.pdf
Effective Date: June 9, 2023. In Saskatchewan: June 20, 2023.
- Amendments to Multilateral Instrument 51-10551_105_mi_february_25_2016_pdf.pdf
Effective Date: May 9, 2016.
- Amendments to Multilateral Instrument 51-105 51_105_mi_november_17_2015.pdf
Effective Date: November 17, 2015. In Saskatchewan on November 27, 2015.
- Companion Policy 51-105CP51_105_cp_may_10_2012.pdf
Effective Date: September 7, 2012.
- Amendments to Companion Policy 51-105CP51_105_cp_amendments_2023_03_23.pdf
Effective Date: Subject to Ministerial approval – June 9, 2023.
- Changes to Companion Policy 51-10551_105_cp_changes_may_27_2021.pdf
Effective Date: Subject to the effective date of National Instrument 52-112 Non-GAAP and Other Financial Measures Disclosure.
- Form 51-105F1 OTC Issuer Ceases to be an OTC Reporting Issuer51_105_f1_may_10_2012.pdf
Effective Date: September 7, 2012.
- Form 51-105F2 Notice of Promotional Activities51_105_f2_may_10_2012.pdf
Effective Date: September 7, 2012.
- Form 51-105F3A Personal Information Form and Authorization of Indirect Collection, Use and Disclosure of Personal Information51_105_f3a_may_10_2012.pdf
Effective Date: September 7, 2012.
- Form 51-1053B Personal Information Form and Authorization of Indirect Collection, Use and Disclosure of Personal Information51_105_f3b_may_10_2012.pdf
Effective Date: September 7, 2012.
- Form 51-0105F4 Notice Issuer Ceases to be an OTC Reporting Issuer51_105_f4_may_10_2012.pdf
Effective Date: September 7, 2012.