Do you know which securityholders you are required to mail your Annual Financial Statements and related MD&A?
Registered Holders - Depending on the place of incorporation, you must provide your registered securityholders with the option to elect to receive Annual Financials and MD&A (Opt-In) or elect to not receive Annual Financials and MD&A (Opt-Out).
Beneficial Holders - In accordance with 51-102 Section 4.6 requirements, you are required to only mail to beneficial holders that have elected to receive the Annual Financials and MD&A.
In addition, if you are utilizing the Notice and Access procedure you may provide your registered securityholders with the option to elect to receive the Information Circular.
Please review Securityholder Opt-In and Out-Out Regulatory Guidelines for specific regulations for national and provincial Business Incorporation Acts.