45-330 - Frequently Asked Questions About the Listed Issuer Financing Exemption

45-330 - Frequently Asked Questions About the Listed Issuer Financing Exemption

• Frequently Asked Questions About the Listed Issuer Financing Exemption

  The purpose of this notice is to answer some of the frequently asked questions (FAQs) on the listed issuer financing exemption (the exemption) adopted by all securities regulatory authorities in Canada in November 2022. Subject to certain conditions, the exemption allows reporting issuers listed on a Canadian exchange to raise the greater of $5,000,000 or 10% of the issuer’s market capitalization to a maximum of total dollar amount of $10,000,000 in a 12-month period by distributing securities to investors.

  Publshed Date: June 1, 2023

  csa_staff_notice_45_330_frequently_asked_questions_about_the_listed_issuer_financing_exemption.pdf