Dom Mannella appeared on CSE TV’s Ask an Expert, to discuss with James Black the Listed Issuer Financing Exemption, a set of amendments introduced by the Canadian Securities Administrators to facilitate capital raising with a focus on small reporting issuers.
In the interview, Dom covered the basics around this exemption including: eligibility criteria for issuers; restrictions on use-of-proceeds; disclosure obligations for issuing companies ;role of an agent; investor rights; and, the impact of the exemption, which takes effect on November 21, and has the potential to change the landscape for raising capital in Canada.