• Prospectus Exemption for Existing Security Holders
  • May 13, 2014 | Authors: Steven Robertson; Mahdi Shams
  • Law Firm: Goodmans LLP - Vancouver - Office
  • The British Columbia Securities Commission (BCSC) recently adopted an exemption that, subject to certain conditions, will allow issuers listed on the Toronto Stock Exchange, TSX Venture Exchange, and the Canadian Securities Exchange (collectively, the “Exchanges”) to raise money by issuing securities to their existing security holders without the need for a prospectus or offering document (the “Exemption”).