In April 2010, the Canadian Securities Administrators released the long-awaited revisions to NI 43-101 and companion policy for comment. SME Registered Members have been accepted as a Recognized Foreign Association. The revisions and companion policy are final and as a consequence, SME Registered Members can serve as Qualified Persons as of June 30, 2011. Qualified Persons will also have to meet project-specific experience and responsibility requirements for Technical Reports and other disclosure.