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AMENDMENTS TO NATIONAL INSTRUMENT 45106 PROSPECTUS EXEMPTIONS1.National Instrument 45106 Prospectus Exemptions is amended by this Instrument.2.Section 1.1 is amended in paragraph (b) of the definition
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Regulatory Instrument 45-106 is a regulation that governs the exemption of securities offerings from the prospectus requirement in certain circumstances, allowing companies to raise capital without the need for a full prospectus.
Issuers who seek to rely on the exemptions provided by Instrument 45-106 for distributing securities must file the required documents.
To fill out Regulatory Instrument 45-106, issuers must complete the prescribed forms, providing necessary details about the offering, exemptions being claimed, and any required disclosure information.
The purpose of Regulatory Instrument 45-106 is to provide a streamlined process for certain securities distributions, promoting capital formation while maintaining investor protection.
The information that must be reported includes details about the issuer, the type of securities being offered, the amount of the offering, and information about the purchasers.
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