A ‘Second Set of Eyes’ -Voluntary Pre-Filing Review of Offering Memoranda by Canadian Securities Regulators

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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 […]