Tag archives: TSXV

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

Federal government proposes changes to corporate law: What it means for corporate governance and shareholder activism

By Walied Soliman and Andrea Brewer on October 6, 2016 Posted in Corporate Governance, Shareholder Activism

On September 28, 2016, Canada’s federal government introduced a bill proposing amendments (the Amendments) to the Canada Business Corporations Act (the CBCA), among other acts. The Amendments include new requirements for electing directors, mandatory diversity disclosure, and changes to shareholder communications. These proposed changes, if enacted, will have significant effects on corporate governance and shareholder … Continue reading