Headnote
National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions. Exemption from section 2.3(1) of National Instrument 41-101 General Prospectus Requirementsto permit filing of a final prospectus more than 90 days after the date of receipt for the preliminary prospectus.
Applicable Legislative Provisions
National Instrument 41-101 General Prospectus Requirements,section 2.3(1).
Ontario Commission des P.O. Box 55, 19th Floor CP 55, 19e étage
Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest
Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8
Web site: www.osc.gov.on.ca
VIA SEDAR
May 28, 2009
Blake Cassels & Graydon LLP
Attention: Anoop Dogra
Dear Sirs/Mesdames:
Re: Mavrix Explore 2009 – I FT Limited Partnership (the “Partnership”)
Exemptive Relief Application under Section 19.1 of National Instrument 41-101 General Prospectus Requirements (“NI 41-101”)
Application No. 2009/0310, SEDAR Project No. 1375458
By letter dated May 22, 2009 (the “Application”), the Partnership applied to the Director of the Ontario Securities Commission (the “Director”) pursuant to section 19.1 of NI 41-101 for relief from the operation of subsection 2.3(1) of NI 41-101, which prohibits an issuer from filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.
This letter confirms that, based on the information and representations made in the Application, and for the purposes described in the Application, the Director grants the requested exemption to be evidenced by the issuance of a receipt for the Partnership’s prospectus, provided the Partnership’s final prospectus is filed no later than June 12, 2009.
Yours very truly,
“Rhonda Goldberg”
Rhonda Goldberg
Manager, Investment Funds Branch