1. What do I have to file on SEDAR?
- All continuous disclosure documents that are required to be filed with securities commissions must be filed using SEDAR. These documents will be downloaded by the relevant commissions and be posted on the SEDAR website (www.sedar.com).
- Continuous disclosure documents include interim and audited financial statements, annual reports, notice of meeting, proxy materials, press releases and material change reports.
2. When do I have to SEDAR file?
- Interim financial statements must be filed within 45/60 days from the end of the fiscal quarter.
- Audited annual financial statements must be filed within 90/120 days of fiscal year end.
- Press Releases should be filed soon after they are distributed.
- Material Change Reports, when required, need to be filed within 10 days of the related event.
3. Who can file on the SEDAR?
- There are numerous SEDAR filing agents, including transfer agents, securities lawyers, and newswire services, who will file your documents for a fee. WIKLOW CORPORATE is one of those agents.
- Any Issuer may become a SEDAR Subscriber. However, most small Issuers find that it is not cost effective to purchase the SEDAR software program and to train personnel to use it.
4. How much does it cost?
- All Reporting Issuers must file their continuous disclosure documents using SEDAR. CDS Inc., who operates SEDAR, charges annual fee for using the system.
- In addition, your SEDAR filing agent will charge for each filing or may have an annual fee. The cost of filing with different agents varies considerably. It is worthwhile to compare the costs and services provided to find the agent that is most cost effective for you.
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