Orocobre Announces Foreign Issuer Designation

Orocobre Limited (TSX:ORL, ASX:ORE) announced that pursuant to NI 71-102, it is already a “designated foreign issuer” and will no longer report under NI 51-102.

As quoted in the press release:

As a “designated foreign issuer”, Orocobre will satisfy its Canadian securities legislation requirements relating to continuous disclosure by complying with the disclosure requirements of Australia and will do so for the remainder of the financial year and thereafter. Under the disclosure requirements of Australia, Orocobre will file interim six-month and annual financial results within the time limits prescribed by Australia securities legislation and the Australian Securities Exchange Listing Rules. Orocobre will not prepare and file interim and annual management discussion and analysis as it is not required to do so under the disclosure requirements of Australia.

Click here to read the full Orocobre Limited (TSX:ORL) press release.