Tag archives: prospectus exemptions

Changes to offering memorandum exemption finalized

Generally, companies may not distribute securities to investors unless such investors are provided with a prospectus which contains comprehensive disclosure of all material facts related to the company and the securities to be distributed. Companies that are reporting issuers supplement this disclosure by providing periodic and timely disclosure which, together with the prospectus, provides investors … Continue reading

Raising capital for your deal? Changes might be coming

The Ontario Securities Commissions (the OSC) has recently published proposals which, if enacted, will facilitate the raising of capital by issuers in the exempt market. On March 20th, the OSC published for a 90-day comment period the following four proposed prospectus exemptions: Offering Memorandum Exemption – Offering memorandum exemptions are currently available elsewhere in Canada. … Continue reading