Events
Learn About Proposed Changes to the Rights Offering Regime and an Update on the Existing Security Holder Exemption
Contact:
Maria Castillo mcastillo@bcsc.bc.ca
Where:
Arbutus Room, Four Seasons Hotel
Vancouver, BC
Description:
On November 27, the Canadian Securities Administrators, including the BCSC, published for comment significant changes to the rights offering regime that would reduce the time and cost of rights offerings.
On February 3, 2015, the BCSC hosted a free session to learn about the proposed changes directly from BCSC staff who drafted them. At this session, we:
- explained the current rights offering requirements
- introduced the key proposed changes to the rights offering exemption
- set out how these proposed changes would benefit venture issuers
- provided an update on the existing security holder exemption, including adoption by Ontario
- answered audience questions
CPD for Lawyers: You can claim 1.0 hours CPD credit for this session. (The BCSC is a Pre-approved CPD provider with the Law Society of British Columbia)
The presentation:
Rights Offerings and Offerings to Existing Security Holders – presentation slides
Rights Offerings and Offerings to Existing Security Holders – presentation handout
CSA Notice and related documents
Please contact us if you have any questions about the proposed changes to the rights offering exemption.
Larissa Streu, Senior Legal Counsel, 604-899-6888
Anita Cyr, Associate Chief Accountant, 604-899-6579
BCSC Inquiries, 604-899-6854