In certain situations, it may not be necessary for a company to prepare a prospectus to raise capital. Where appropriate, a company can rely on an exemption from the prospectus requirements, financing through what is called a private placement. The majority of financings carried out in the Alberta market are through private placements. Read more about commonly used exemptions.
A report of exempt distribution must be filed within 10 days of the trade. A set of conditions called "resale rules" apply to private placements, which can include a hold period on the securities.
Note: In September 2005, Form 45-103F4 was replaced by Form 45-106F1 - Report of Exempt Distribution. (Previously, Form 45-103F4 replaced the Form 20 in June 2003).
You are viewing Exempt Financing transactions from June 2000 - December 14, 2009.