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Exemptive relief granted to allow a gold bullion fund's prospectus to deviate from prescribed heading formats.
The Sprott Physical Gold Trust applied for exemptive relief from the prospectus heading and ordering requirements of Form 41-101F2 under National Instrument 41-101.
The Trust, a foreign private issuer investing in gold bullion, sought relief only to the extent its prospectus deviated from the prescribed headings and their order, while still complying with substantive disclosure requirements.
The Director of the Ontario Securities Commission granted the requested relief, to be evidenced by the issuance of a receipt for the Trust's prospectus.