Continuous disclosure obligations
Track-B Phase B: consolidate NI 51-102 material-change-reporting redundancy across 4 disclosure articles (about-material-change-reporting canonical, about-continuous-disclosure/about-disclosure-obligations/press-releases trimmed to pointers); complete press-releases schema fields
@@ -9,10 +9,12 @@ content_type: topic quality: complete short_description: "The ongoing disclosure obligations of a reporting issuer under NI 51-102: annual financial statements, an annual information form for non-venture issuers, interim statements, MD&A, and material change reports." status: active audience: public bcsc_class: public-disclosure-safe language_protocol: PROSE-TOPIC last_edited: 2026-08-24 last_edited: 2026-09-04 editor: woodfine-editorial audience: public paired_with: about-disclosure-obligations.es.md --- @@ -60,20 +62,7 @@ The interim package does not include an AIF equivalent. ## Material change reports A reporting issuer must promptly disclose any [[about-material-change-reporting|material change]] in its business, operations, or affairs. A material change is a change in the business, operations, or capital of the issuer that would reasonably be expected to have a significant effect on the market price or value of any of the issuer's securities. Upon determination that a material change has occurred, the issuer must: 1. Issue a [[about-material-change-reporting|press release]] disclosing the nature and substance of the material change immediately upon determination. 2. File a material change report (Form 51-102F3) as soon as practicable, and in any event within 10 days of the date on which the material change occurred. The dual-step requirement — press release first, then formal report — is designed to ensure that market participants receive timely notice without delay for document preparation. Beyond the scheduled annual and interim packages, a reporting issuer must promptly disclose any material change in its business, operations, or affairs. Disclosure runs in two steps: a press release immediately upon determination, then a Form 51-102F3 report on SEDAR+ within 10 days. [[about-material-change-reporting|Material change reporting]] sets out the definition, the two-step sequence, and the Part 7 filing mechanics in full. ## SEDAR+ filing