Alternative Monthly Reporting (AMR) Deadline

The alternative monthly reporting (AMR) system exists for certain types of entities who qualify as an “eligible institutional investor” (as defined in NI 62-103).

Generally, an eligible institutional investor is required to file an AMR report within 10 days of the end of the month when any of the follow occurs:

• it elects to begin filing under AMR, if it held 10% or more of the class at such time
• it increases its holdings to 10% or more
• its holdings cross (either going above or falling below) the following thresholds: 12.5%, 15%, or 17.5%
• its ownership drops below 10%
• there has been a material change in a prior to report