Re Hemostemix Inc: Alberta Securities Commission upholds decision of TSXV in contested private placement

By Trevor Zeyl on February 27, 2017 Posted in Securities, Shareholder Activism

Following recent amendments to Canada’s takeover bid rules, private placements in the face of hostile bids have become newly controversial. Private placements in the context of proxy contests have received less attention. Yet this is somewhat surprising, because they are another facet of the same underlying question: whether regulators should allow a financing that may … Continue reading

Female directors on the rise in the west

By Kassy Corothers (Calgary) on September 24, 2015 Posted in Corporate Governance

The University of Calgary’s Haskayne School of Business and the Alberta Securities Commission (ASC) released the results of the first-ever Alberta Women on Boards Index on September 22, 2015 (the Index). The Index is intended to be an annual study led by an advisory committee generally comprised of senior business leaders in the region. The … Continue reading

Proxy solicitation: Not a matter of right in Alberta

By The Special Situations Team on December 9, 2014 Posted in Corporate Finance, Corporate Governance, Proxy Battles, Securities, Shareholder Activism

The increasing prevalence of shareholder activism in Canada has significantly impacted issuers and investors alike in the Canadian capital markets. Consequently, an understanding of the Canadian regulatory landscape governing activist activities has become increasingly important for both sides of an activist struggle. A key element of this understanding is acknowledging that the regulatory landscape is … Continue reading