Toronto Stock Exchange Clarifies Normal Course Issuer Bid Rules
On January 15, 2016, the TSX issued frequently asked questions (“FAQ”) which provide guidance on Sections 628 and 629 of the TSX Company Manual (the ... Continued
TSX and TSXV Provide Additional Guidance on Rights Offerings
In December 2015, the Canadian Securities Administrators (the “CSA”) adopted amendments to the rights offering regime to make it easier for issuers to utilize rights ... Continued
New Investment Dealer Prospectus Exemption Broadens Potential Investor Market for Canadian Listed Issuers
On January 14, 2016, securities regulators in British Columbia, Alberta, Manitoba, New Brunswick and Saskatchewan announced the adoption of a new prospectus exemption, effective immediately, ... Continued
Toronto Stock Exchange Clarifies Normal Course Issuer Bid Rules
On January 15, 2016, the TSX issued frequently asked questions (“FAQ”) which provide guidance on Sections 628 and 629 of the TSX Company Manual (the ... Continued
Recent Developments in the Regulation of Defensive Tactics in Canadian Take-over Bids – Part I
A discussion of the BCSC’s decision in Re Red Eagle, 2015 BCSECCOM 401.
CSA publishes mutual fund research and OSC releases whistleblower program
Bernard Pinsky is featured in the Advisor discussing the CSA’s mutual fund research and the OSC’s whistleblower program. Bernard explains that the CSA research makes ... Continued
Clark Wilson acts for Pure Multi-Family REIT LP in closing US$39.1 million bought deal
Clark Wilson acted for Pure Multi-Family REIT LP (Pure) (TSXV: RUF.U, RUF.UN, RUF.DB.U; OTCQX: PMULF) in closing its bought deal public offering of 7,250,000 Class ... Continued
Starting December 8, 2015, Consider Rights Offerings for Finance
On December 8, 2015, amendments to rights offering rules finally make rights offerings a viable financing option for Canadian reporting issuers. Gone are the prospectus-like ... Continued
Starting December 8, 2015, Consider Rights Offerings for Finance
Amendments to rights offering rules finally make rights offerings a viable financing option.
Update on Crowdfunding in Canada
Recently, Ontario adopted a new crowdfunding regime.
New Guidance on Oil & Gas Abandonment Cost Disclosure
On November 5, 2015, the Canadian Securities Administrators (CSA) published guidance for disclosure requirements for abandonment and reclamation costs respecting amendments in National Instrument 51-101 ... Continued
OSC Releases Whistleblower Policy for Comment
On October 28, 2015, the Ontario Securities Commission (“OSC”) published proposed OSC Policy 15-601 Whistleblower Program (the Policy), which describes a whistleblower program that is ... Continued