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Part One: Relying on the Close Personal Friends, Family and Business Associates Exemptions to Raise Private Placement Capital

Part One: Relying on the Close Personal Friends, Family and Business Associates Exemptions to Raise Private Placement Capital

by Alixe Cormick | Mar 24, 2022 | FFBA Exemption, Raising Capital, Raising Capital General

– *updated March 24, 2022 – On Facebook I have over 150 “friends”. On LinkedIn, I have over 1,600 business connections or “business associates”. Only twenty people are on both lists. Unfortunately for me, and for you, being a friend of someone on Facebook...
“Anyone with money is a friend of mine.”* Traps to Avoid When Raising Private Placement Capital

“Anyone with money is a friend of mine.”* Traps to Avoid When Raising Private Placement Capital

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...

New Articles

  • Going Public in Canada: A Strategic Guide for U.S. Private Companies July 8, 2025
  • Issuers and Registration: Understanding When It Is Required to Sell Securities August 9, 2024
  • An Introduction to the Accredited Investor Exemption October 31, 2023
  • Verifying Accredited Investor Status in Canada: Requirements and Best Practices October 30, 2023
  • Listing Requirements of the Toronto Stock Exchange (TSX) – Exploration and Mining Companies September 25, 2023

New Articles

  • Going Public in Canada: A Strategic Guide for U.S. Private Companies July 8, 2025
  • Issuers and Registration: Understanding When It Is Required to Sell Securities August 9, 2024
  • An Introduction to the Accredited Investor Exemption October 31, 2023
  • Verifying Accredited Investor Status in Canada: Requirements and Best Practices October 30, 2023
  • Listing Requirements of the Toronto Stock Exchange (TSX) – Exploration and Mining Companies September 25, 2023
  • Listing Requirements of the NASDAQ Stock Market September 25, 2023
  • Listing Requirements of the TSX Venture Exchange (TSXV) – Industrial, Technology, Life Sciences, Real Estate and Investment Companies September 25, 2023
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