This funding portal is not registered under securities legislation in any jurisdiction of Canada and is relying on the exemption from the dealer registration requirement under National Instrument 45-110 Start-Up Crowdfunding Registration and Prospectus Exemptions.
Cash Held in Trust
This funding portal will hold each purchaser’s assets (A) separate and apart from the funding portal’s own assets, (B) in trust for the purchaser, (C) in the case of cash, in a designated trust account at a Canadian financial institution.
Insolvency / Discontinued Operations
This funding portal has policies and procedures that provide that if it becomes insolvent or discontinues operations, it will notify each purchaser by notice posted on this web-site that the funding portal is insolvent or discontinued operations and that it will return a purchaser’s assets by promptly returning such assets in the manner received by the funding portal from the purchaser or such other method acceptable to the purchaser.
Last updated 2022-07-13