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On December 16,2018 all existing Ontario Business Corporations Act (“OBCA”) companies will need to comply with Section 140.11 of the OBCA, which requires companies to keep a register of all “ownership interests in land” in Ontario. For mining companies, such interests established under the Mining Act (Ontario)2 can include: (i) Patented…
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From another General: “The supreme quality for leadership is unquestionably integrity. Without it, no real success is possible, no matter whether it is on a section gang, a football field, in an army, or in an office.” – Dwight Eisenhower, 34th President of the United States, and former General of…
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Note: In Canada, unlike the US, the ability of a board to “just say no” to an unsolicited hostile bid has not been generally accepted. But there maybe ways for a board to “say no” instead of “just saying no”.) It’s a Friday evening in mid-December. Peoples’ thoughts are on…
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Even lawyers that thoroughly enjoy the art of drafting legal documents sometimes make basic, preventable mistakes. These can take the form of misplaced or missing punctuation, failure to define a term, or failure to review boilerplate, among others. Many times these errors will not materialize into adverse consequences, as is…
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We are occasionally asked whether public companies can conduct at-the-market offerings (ATMs) in Canada. The answer is yes. While they are more common in the U.S., ATMs are also used by public companies to raise capital in Canada. In a Canadian ATM, an issuer’s equity securities are sold in a…
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Are you an Ontario Company with mining interests? If so, there are new rules to follow
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