The first software-based solution designed solely to meet the needs of Canadian exploration companies in the burgeoning junior mining sector, Compliance Partner™ Junior Mining Edition delivers rapid documentation capabilities within a valuable, best practices framework. Its unique ‘start-to-certification’ roadmap provides the tools mining companies need to meet the Internal Control over Financial Reporting (ICFR) requirements of CSA NI 52-109: Certification of Issuer’s Annual and Interim Filings.

“The mining sector leads the TSX® and TSX Venture® in growth. These fast paced, high growth companies are often short on internal resources, yet need to reach compliance certification as quickly as possible,” says Bob Freeman, VP Strategic Market Groups, Thomson Carswell. “The Junior Mining Edition focuses on the activities needed to support the financial statements and balance sheets of junior mining companies. It provides a right-sized, right-priced compliance solution and avoids project overload.”

Compliance Partner™ Mining Edition and Junior Mining Edition include more than 100 mining- specific templates such as entity level and process level controls, disbursements, treasury and cash management, fixed assets, exploration, mining reserves, equity and financial reporting, to meet the ICFR requirements of a fully operational mining production company. They address Reserve Valuations, Land Acquisition, Mining Authorization for Expenditure, Asset Impairment, Mining Asset Retirement Obligations, Mineral Claims and Production, as well as revenue cycle, disbursements, treasury and IT controls.

Both mining editions provide guidance and content for mineral projects disclosures set out under CSA NI 43-101. All editions of Compliance Partner™ use a top down, risk-based, step by step approach: from planning and scoping, through documentation of entity-level and process-level controls, to testing and remediation for initial compliance requirements and beyond.

Thomson Carswell collaborated with Issues Central, Inc. to bring the Compliance Partner™ suite to Canadian business. “We determined that the Canadian market was lacking a compliance solution designed to help mid-sized and smaller Canadian companies meet CSA regulations,” says Don Van Meer, President and CEO, Thomson Carswell. “Compliance Partner™ fills that need, giving mining companies what they need to reach compliance quickly and efficiently.”

Compliance Partner™ Mining Edition and Junior Mining Edition were developed by internal audit professionals with over 25 years of experience in the Canadian and U.S. mining industry. Catherine Connally, President of Issues Central, Inc. is chief product developer.

“The mining industry has unique financial reporting requirements due to the nature of their operations, the requirements around reserve valuations, and the market fluctuations that affect revenue calculations,” says Connally. “Mining companies need to address both the NI 52-109 compliance requirements and the additional standards of disclosure set out under NI 43-101. We built the Compliance Partner™ Mining Editions to meet these needs and to help businesses dramatically reduce the costs and potential business interruption of their compliance project.”

The Compliance Partner™ suite of solutions is available today in Canada.

Visit www.compliancepartner.ca.