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2023 was another tough year for financing junior companies, and also very quiet on the IPO front at all levels. And critical minerals, excluding copper, saw significant price declines during the year. But business goes on and the companies that have survived are positioned to benefit in 2024. Here are…
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Last fall, the Canadian Securities Administrators (“CSA”) proposed sweeping changes to the Private Placement Rules through the Listed Issuer Financing Exemption (see our article HERE). The CSA have received comments and announced the final version of The Exemption which is expects to come into force on November 2022. (see HERE) Following are the highlights…
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SECURITIES REGULATORS PROPOSE A NEW WAY TO FINANCE JUNIOR MINING AND ENERGY COMPANIES The Canadian Securities Administrators (“CSA”) recognize that the current private placement rules create significant cost and timing barriers for junior companies raising money. They are proposing sweeping changes to the private placement system through the use of…
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On April 17, 2020, the Ontario Ministry of Energy, Northern Development and Mines announced an initiative to extend the due date for assessment work on Ontario mining claims for up to 12 Months. This is being enacted though a procedure to obtain “Simplified Exclusion Orders”. Claim holders with claim anniversary…
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Crown Forest Utilization – Shareholder Agreements used with Sustainable Forest Licences (cont’d). – Part 3
- 2-19-2020
- By Pilot Law LLP
As part of the process of putting in place a Sustainable Forest Licence having multiple participants, the participants themselves enter into a shareholder agreement, setting out their respective rights and obligations vis-à-vis one another, as shareholders of the licensee, including their respective rights to share the benefits arising from harvesting timber on the Crown…