Canadian Corporate & Securities Lawyer
December has just arrived and the year is almost over. Many capital market participants are waiting for the Ontario Securities Commission (the OSC) to publish a draft of the proposed prospectus exemptions it is considering as previously published on August 28, 2013 (See OSC Notice 45-712 Progress Report on Review of Prospectus Exemptions to Facilitate […]
Many people often ask how they can check whether an individual or firm is registered as a dealer and/or advisor in different jurisdictions in Canada. The simple answer is you can easily do this by checking the website of the Ontario Securities Commission (the OSC) for Ontario registrants and the website of the Canadian Securities […]
A picture is worth a thousands words, however, a video is worth even more! So why write about certain ways to raise capital in Canada when Canadian securities regulators have prepared videos discussing certain prospectus exemptions that are publicly available. British Columbia In October 2013, the British Columbia Securities Commission released a new video called […]
By Brian Koscak and Alixe Cormick Preparing an offering memorandum (an OM) is no easy task. An issuer does not want to miss a form disclosure requirement or make a misrepresentation in its OM when raising capital under section 2.9 of National Instrument 45-106 – Prospectus and Registration Exemptions (commonly referred to as the OM […]
By Alixe Cormick and Brian Koscak Securities laws in Canada prohibit making a written or oral representation that a security will be listed on a stock exchange or quoted on a quotation and trade reporting system (an Exchange) or that an application has been or will be made to list the security, unless an issuer meets […]
