by Alixe Cormick | Mar 24, 2022 | FFBA Exemption, Raising Capital, Raising Capital General
(* Statement given at an investigation interview with the BC Securities Commission) – *updated March 24, 2022 – When raising private capital in Canada, companies rely on three main exemptions from the registration and prospectus requirements of the various...
by Alixe Cormick | Feb 17, 2022 | Accredited Investor, Raising Capital
– *updated February 17, 2022 – We recommend our clients who are raising capital in the United States to provide potential investors with the following verification request. It is something we are now strongly recommending clients in Canada do as well with...
by Alixe Cormick | Feb 17, 2022 | Accredited Investor, Raising Capital
– *updated February 17, 2022 – In the Canada, who is an accredited investor is defined in Subsection 1.1 of National Instrument 45-106 Prospectus and Registration Exemptions (“NI 45-106”) The definition sets the standards for accredited...
by Alixe Cormick | Feb 15, 2022 | Accredited Investor, Raising Capital
– *updated February 15, 2022 – In the United States, Rule 501 of Regulation D: Rules Governing the Limited Offer and Sale of Securities Without Registration (“Regulation D”) under the Securities Act of 1933 (“Securities Act”) sets...
by Alixe Cormick | Feb 14, 2022 | Raising Capital, Raising Capital General
– *updated February 14, 2022 – The British Columbia, Alberta, Ontario and Saskatchewan Securities Commissions are all very proactive in their approach to overseeing the exempt private placement securities market involving their home jurisdictions. One way...
by Alixe Cormick | Feb 14, 2022 | Eligible Investor, Offering Memorandum, Raising Capital
– *updated February 14, 2022 – The securities regulators in Alberta, Saskatchewan, Manitoba, Ontario, Québec, Northwest Territories, Nunavut, Yukon, Prince Edward Island, New Brunswick and Nova Scotia require investors purchasing more than $10,000 in...