Is the Appointment or Resignation of a Director or Officer Always Considered a Material Change of an Issuer?
Recently, in a conversation with someone I thought had deep knowledge about the securities markets and regulations, I was surprised to learn they didn’t believe the appointment of a new senior officer of a listed company was material information, or a material change....
Going Public in Canada: A Strategic Guide for U.S. Private Companies
Many U.S. companies could benefit from the strategic advantages of a public listing in Canada. The listing requirements are more accommodating for early-stage companies, the process is faster and more cost-effective, and the regulatory landscape is simplified. Additionally, it provides access to a different and often more receptive investor base.
Issuers and Registration: Understanding When It Is Required to Sell Securities
– August 9, 2024 – The regulation of securities trading in Canada is essential to ensuring the integrity of financial markets and protecting investors. A critical aspect of this regulation is the requirement for individuals and companies to register with...
An Introduction to the Accredited Investor Exemption
– October 31, 2023 – Under Canadian securities law, companies seeking to raise capital by selling securities must file a prospectus with regulatory authorities or qualify for an exemption. One commonly used exemption is the accredited investor (AI)...
Verifying Accredited Investor Status in Canada: Requirements and Best Practices
– October 30, 2023 – When issuing securities under the accredited investor exemption in National Instrument 45-106 – Prospectus Exemption (NI 45-106), issuers must take steps to verify purchasers qualify as accredited investors. This article discusses...
Listing Requirements of the Toronto Stock Exchange (TSX) – Exploration and Mining Companies
– *updated September 25, 2023 – The Toronto Stock Exchange has different listing requirements for natural resource, finance, and industrial and technology companies. The attached chart addresses the requirements of exploration and mining companies only....