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CSA Notice of Amendments to National Instrument 45106 Prospectus Exemptions and Change to Companion Policy 45106CP Prospectus Exemptions relating to Reports of Exempt Distribution July 19, 2018, Introduction The
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Prospectus exemptions and changes refer to the process by which certain organizations can avoid the requirement of filing a prospectus document when offering securities to the public, and the updates or modifications made to that exemption.
Any organization or entity that wishes to offer securities to the public and wants to be exempt from filing a prospectus must file prospectus exemptions and changes.
To fill out prospectus exemptions and changes, organizations must provide information about the securities being offered, the exemptions being requested, and any relevant updates or modifications.
The purpose of prospectus exemptions and changes is to provide organizations with a streamlined process for offering securities to the public without the need for a full prospectus document.
Information that must be reported on prospectus exemptions and changes includes details about the securities being offered, the exemptions being requested, and any updates or modifications to the exemption.
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