On February 27, 2008, the Ontario Securities Commission ("OSC") released OSC Staff Notice 51-716 Environmental Reporting ("Staff Notice 51-716") outlining the results of a targeted review of 35 public companies' compliance with continuous disclosure requirements related to environmental matters under National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102").

type Securities And Capital Markets Alert - April 28, 2008 - Flashing Green Ahead: Environmental Reporting In Ontario Securities Law