OSC 2012

The Filer applied for exemptive relief from the requirement under Section 8.4 of National Instrument 51-102 to include certain interim financial statements of its subsidiary, White Canyon Uranium Limited, in a management information circular.

The circular was prepared for a special meeting to approve a plan of arrangement involving the disposition of the Filer's U.S. mining division.

The principal regulator granted the requested relief, satisfied that the inclusion of the prescribed financial statements of the operating subsidiary entity and pro forma financial statements of the issuer provided adequate disclosure.

The Filer applied for exemptive relief to approve the reorganization of the Terminating Fund into the Continuing Fund and to be exempted from the requirement to deliver a full simplified prospectus to securityholders.

The reorganization did not meet all pre-approval criteria because the fundamental investment objectives were not substantially similar and the Filer proposed sending a tailored prospectus.

The Ontario Securities Commission granted the requested relief, permitting the merger and the delivery of a tailored prospectus, provided certain conditions regarding disclosure and financial statement availability were met.

The Applicant, Minefinders Corporation Ltd., applied for a decision under the securities legislation of multiple jurisdictions that it is not a reporting issuer.

The Ontario Securities Commission granted the requested relief, noting that the Applicant's outstanding securities are beneficially owned by fewer than 51 security holders in Canada and are not traded on a marketplace.

The applicant investment fund applied to the Director of the Ontario Securities Commission for exemptive relief under section 19.1 of National Instrument 41-101.

The applicant sought relief from subsection 2.3(1), which prohibits filing a final prospectus more than 90 days after the receipt for the preliminary prospectus.

The Director granted the requested exemption, permitting the final prospectus to be filed no later than May 25, 2012.

The applicant investment fund applied for exemptive relief under section 19.1 of National Instrument 41-101 from the requirement in subsection 2.3(1) to file a final prospectus within 90 days of the preliminary prospectus receipt.

The Director granted the requested exemption, permitting the final prospectus to be filed by a specified extended date.

The Filer applied for exemptive relief under National Instrument 81-102 to permit its commodity pool ETFs to enter into forward agreements providing exposure to underlying reference funds.

The reference funds may gain exposure to exchange-traded mutual funds tracking physical commodities.

The Ontario Securities Commission granted the requested relief, revoking and replacing a prior decision, subject to conditions ensuring the reference funds operate in accordance with modified investment requirements.

AGF Investments Inc. applied for exemptive relief to permit the merger of several mutual funds where the mergers did not meet all pre-approval criteria under National Instrument 81-102.

The principal regulator granted the requested Merger Approval, finding that the mergers would be beneficial to securityholders and that adequate disclosure had been provided.

The Filer applied for an order exempting the Issuer, a limited partnership, from continuous disclosure, certification, and insider reporting requirements.

The Filer could not rely on the standard exemption for credit support issuers because the Issuer is a limited partnership, not a corporate subsidiary, and the guarantees provided were joint rather than joint and several.

The Ontario Securities Commission granted the requested relief on the condition that the Filer provide a full and unconditional guarantee of the Issuer's notes and comply with conditions substantially analogous to those in section 13.4 of National Instrument 51-102.

The applicants, John Deere Capital Corporation and John Deere Credit Inc., applied to the Ontario Securities Commission for exemptive relief from continuous disclosure, certification, short form prospectus, and insider reporting requirements under various National Instruments and the Securities Act.

The Commission granted the requested relief, subject to several conditions, including that the U.S. parent company continues to file its continuous disclosure documents with the SEC and that the Canadian subsidiary files selected financial information.

The applicant applied for a decision under the securities legislation of multiple jurisdictions that it is not a reporting issuer.

The applicant had redeemed all its outstanding notes, delisted from the TSX, and had fewer than 15 security holders in each jurisdiction.

The Ontario Securities Commission, acting as principal regulator, granted the requested exemptive relief.

The Filers applied to the Ontario Securities Commission for an exemption from the requirement in section 9.2 of National Instrument 81-106 to prepare and file an annual information form.

The flow-through limited partnerships have a short lifespan of approximately two years and do not have a readily available secondary market.

The Commission granted the requested relief, finding that the preparation of an annual information form would not benefit the limited partners and would impose a material financial burden.

The applicant applied for exemptive relief on behalf of a mutual fund from the cover requirements in sections 2.8(1)(d) and 2.8(1)(f)(i) of National Instrument 81-102.

The relief sought to permit the fund to use an offsetting right or obligation to sell an equivalent quantity of the underlying interest as cover when opening or maintaining long positions in certain standardized futures, forwards, or swaps.

The principal regulator granted the exemption, subject to conditions regarding cash cover, margin, and disclosure.

The applicant, a registered portfolio manager, applied for an exemption from the conflict of interest trading prohibition in section 13.5(2)(b) of National Instrument 31-103.

The exemption was sought to permit in-specie purchases and redemptions of pooled funds by separately managed accounts and other pooled funds managed by the applicant.

The Ontario Securities Commission granted the requested relief, subject to specific conditions regarding valuation, consent, and record-keeping.

The Filer applied for exemptive relief from the prospectus requirements under section 53 of the Securities Act (Ontario) to permit the use of electronic roadshow materials during the waiting period of a cross-border initial public offering.

Compliance with U.S. offering rules required unrestricted access to these materials, which conflicted with Canadian prospectus rules.

The Ontario Securities Commission granted the relief, subject to conditions including the provision of a contractual right of action for misrepresentations in the materials.

The applicant, Sprott Asset Management LP, applied for exemptive relief from the prospectus requirement under Ontario securities legislation.

The relief sought to permit the posting of electronic roadshow materials on a commercial website during the waiting period for an initial public offering of units in the Sprott Physical Platinum and Palladium Trust.

The Ontario Securities Commission granted the exemption, subject to conditions including that purchasers be provided a contractual right of action for any misrepresentation in the website materials equivalent to the statutory right of action under the Securities Act.

The applicants sought exemptive relief under section 5.5(1)(b) of National Instrument 81-102 to merge several terminating mutual funds into continuing funds.

The mergers did not meet pre-approval criteria because they would be completed on a taxable basis and the funds did not have substantially similar investment objectives.

The Ontario Securities Commission granted the requested relief, noting that unitholders had approved the mergers and would receive adequate disclosure.

The Filer applied for exemptive relief on behalf of the Fund to permit the Fund to show its historic performance data in sales communications, despite not having distributed its securities under a simplified prospectus for 12 consecutive months following its conversion from a closed-end fund to a mutual fund.

The Ontario Securities Commission granted the requested relief, noting that the Fund had complied with the investment restrictions of NI 81-102 since inception, except with respect to leverage, and would be managed substantially the same post-conversion.

The applicant sought exemptive relief from certain provisions of National Instrument 81-102 to permit several exchange-traded mutual funds and commodity pools to enter into forward purchase and sale agreements.

These agreements would provide the funds with 100% exposure to the portfolios of corresponding reference funds.

The relief was required because the reference funds were not subject to NI 81-101 or NI 81-102 and were not qualified for distribution in the same jurisdictions.

The Ontario Securities Commission granted the requested exemption, subject to conditions including that the reference funds operate in accordance with applicable national instruments and that the exposure aligns with the funds' fundamental investment objectives.

The Manager applied for exemptive relief on behalf of the Trust to permit the Trust to invest up to 100% of its net assets in physical platinum and palladium bullion, to appoint the Royal Canadian Mint as custodian and Via Mat International Ltd. as sub-custodian, and to deviate from certain mutual fund requirements regarding purchase and redemption orders, calculation and payment of redemptions, and date of record for distributions.

The Ontario Securities Commission granted the requested relief, subject to conditions including prospectus disclosure of unique risks and specific capitalization requirements for the custodians.

The Applicant, RuggedCom Inc., applied to the Ontario Securities Commission and other provincial regulators for a decision that it is no longer a reporting issuer.

The Applicant represented that its outstanding securities are beneficially owned by fewer than 15 security holders in each jurisdiction and fewer than 51 in total in Canada, and its securities are not traded on a marketplace.

The Commission granted the requested relief, ordering that the Applicant is not a reporting issuer.