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Exemptive relief granted to extend the 90-day prospectus filing deadline under NI 81-101.
The Canadian Energy Convertible Debenture Fund applied to the Director of the Ontario Securities Commission for exemptive relief from section 2.1(2) of National Instrument 81-101, which prohibits filing a prospectus more than 90 days after the receipt for the preliminary prospectus.
The Director granted the requested exemption, subject to the condition that the prospectus be filed no later than September 9, 2011.