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Crowdfunding Public Information Sessions

The Nova Scotia Securities Commission is holding two public information sessions on proposed crowdfunding exemptions.

The first session will take place Tuesday, June 3, at the NSCC Kingstec Campus, Room 2101, 236 Belcher St.

, Kentville. The session will be from 10 a.m. to noon.

The other session will be Thursday, June 5, from 2-4 p.m., at the NSCC Waterfront Campus, Room 5329, 80 Mawiomi Pl., Dartmouth.

The Nova Scotia Securities Commission is asking potential and existing business owners, industry participants and local community members who are interested in raising capital, to attend a session and provide feedback on the proposed crowdfunding exemptions. To register, e-mail Tanya Wiltshire at wiltshth@gov.ns.ca by Friday, May 30.

The sessions will provide information on the proposed securities rules that will allow people and companies to crowdfund business projects using internet portals.

On March 20, the Nova Scotia Securities Commission published for comment the Integrated Crowdfunding Prospectus Exemption and the Start-Up Crowdfunding Prospectus Exemption.

Both exemptions are designed to meet the needs of start-ups and small and medium-sized enterprises at different stages in growth while providing protection to investors.

Source: Release

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