A person who acquires 10 per cent of the voting or equity securities of a “reporting issuer” – including convertible securities and rights to acquire voting or equity securities – is required to comply with the “early warning” provisions of Canadian securities law. These provisions include the obligation to issue a press release and to file an early warning report.

To confirm if an issuer is in scope for Canadian Early Warning / Alternative Monthly reporting, you can consult the Reporting Issuers List.