Minimum Amount Investment Exemption. In the case the Purchaser does not qualify as an accredited investor as such term is defined in NI 45-106 or, in Ontario, in Section 73.3 of the Securities Act (Ontario), the Purchaser is purchasing the Units as principal pursuant to the Minimum Amount Investment exemption as set out in Section 2.10 of NI 45-106, the Units being purchased have an acquisition cost to the Purchaser of not less than $150,000 paid in cash at the time of purchase, the Purchaser has not been created or used solely to purchase or hold the Units being purchased in reliance on this exemption from the prospectus requirements and the Investor is not an individual.
Minimum Amount Investment Exemption. (i) purchasing the Units as principal pursuant to the Minimum Amount Investment exemption as set out in section 2.10 of National Instrument 45-106 - Prospectus Exemptions (“NI 45-106”), the Units being purchased have an acquisition cost to the Investor of not less than $150,000 paid in cash at the time of purchase, the Investor has not been created or used solely to purchase or hold the Units being purchased in reliance on this exemption from the prospectus requirements and the Investor is not an individual; OR Accredited Investor Exemption
Minimum Amount Investment Exemption. [ ] (a) The Subscriber is an individual purchasing a sufficient number of Purchased Shares such that the aggregate acquisition cost (the “Minimum Amount Investment”) to the Subscriber is not less than $150,000 paid in cash at the time of the trade. [ ] (b) The Subscriber is a corporation, partnership, trust fund, association, syndicate, organization, or other organized group of persons, whether incorporated or not, which was not incorporated or created solely to permit the purchase of the Purchased Shares without the need for the filing of a prospectus, which is purchasing a sufficient number of Purchased Shares such that the Minimum Amount Investment to the Subscriber is not less than $150,000 paid in cash at the time of the trade. Family, Friends and Business Associates Exemption for British Columbia, Alberta, Saskatchewan, Manitoba, Québec, Nova Scotia, Newfoundland and Labrador, New Brunswick, Xxxxxx Xxxxxx Island, Northwest Territories, Nunavut and Yukon and Subscribers: [ ] (c) If the Subscriber is a resident of or is otherwise subject to the Securities Laws in British Columbia, Alberta, Saskatchewan, Manitoba, Quebec, Nova Scotia, Newfoundland and Labrador, New Brunswick, Xxxxxx Xxxxxx Island, Northwest Territories, Nunavut or Yukon and is not an “accredited investor”, is not relying on the Minimum Amount Investment Exemption, the Subscriber is purchasing the securities as principal and is: (i) a director, executive officer or control person of the Corporation, or of an affiliate of the Corporation; (ii) a spouse, parent, grandparent, brother, sister or child of a director, executive officer or control person of the Corporation, or of an affiliate of the Corporation; (iii) a parent, grandparent, brother, sister or child of a spouse of a director, executive officer or control person of the Corporation, or of an affiliate of the Corporation; (iv) a close personal friend of a director, executive officer or control person of the Corporation, or of an affiliate of the Corporation; (v) a close business associate of a director, executive officer or control person of the Corporation, or of an affiliate of the Corporation; (vi) a founder of the Corporation or a spouse, parent, grandparent, brother, sister, child, close personal friend or close business associate of a founder of the Corporation; (vii)
Minimum Amount Investment Exemption. ☐ (a) The Subscriber is an individual purchasing a sufficient number of Purchased Shares such that the aggregate acquisition cost (the “Minimum Amount Investment”) to the Subscriber is not less than $150,000 paid in cash at the time of the trade.
