Desmond Lee

New guidance for referring to a TSX listing application in a prospectus or other document

The TSX has issued new guidance explaining when and how issuers can refer to an application to list securities on the TSX in a prospectus or other...

Using growth targets to supplement growth strategy disclosure

The increase in initial public offering (IPO) activity in 2017 saw an increase in the use of “growth targets” to supplement the company’s...

The OSC’s prospectus filing deadlines – explained

The OSC has recently reminded issuers of its filing deadlines for prospectuses and the procedures for requesting a prospectus receipt on the day of...

OSC Staff’s latest views have implications for capital markets transactions – Highlights from the 2016-2017 Annual Report of the Corporate Finance Branch

The Corporate Finance Branch of the Ontario Securities Commission released its latest Annual Report on September 21, 2017. We highlight 6 areas of...

TSX provides guidance regarding the pricing of acquisition financing transactions

Some market participants may not be aware that the Toronto Stock Exchange, for years, has been scrutinizing the practice of launching and announcing...