On October 31, 2018 the SEC adopted new property disclosure rules for mining registrants. The new rules intend to simplify mining-related SEC filings, and bring disclosures in the U.S. more in-line with other rules or codes recognized around the world. In an attempt to minimize burdens of associated costs and time necessary to become compliant, the final rule approval included a two-year transition period, which becomes compulsory for the registrant’s first fiscal year beginning on or after January 1, 2021. The new rules require comprehensive disclosure of technical information for the registrant’s mining properties, whether the properties are owned or operated. These new disclosure requirements could have significant implications for existing and new mining registrants and will likely require substantial efforts to ensure compliance. John T. Boyd Company has created a series of educational video blogs in order to help you understand Regulation S-K 1300.
If you have further questions or need assistance preparing your disclosures, please call (724) 873-4400 or email firstname.lastname@example.org.
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