The Canadian Securities Exchange (the “CSE”) has adopted significant amendments to its policies, as well as additional clarity, which should prove useful to management of listed issuers.
The Canadian Securities Administrators have approved amendments to National Instrument 45-106 - Prospectus Exemptions, to introduce the new “Listed Issuer Financing Exemption” for companies listed on a Canadian stock exchange.
The Canada Business Corporations Act (“CBCA”) was amended effective August 31, 2022 to require shareholders of a public company governed by such legislation to vote “for” or “against” directors at