VANCOUVER, Nov. 29, 2013 /CNW/ - The BC Securities Commission (BCSC) is
reaching out to small businesses around the province with new online materials and province-wide presentations aimed at informing small businesses
about B.C.'s capital raising rules.
"We are offering this information to small business owners because they
may not yet have professional advisors who specialize in this area,"
said Peter Brady, the BCSC's Director of Corporate Finance. "In a
nutshell, we want them to understand B.C.'s securities rules so they
stay on track and raise money in a timely and efficient way."
The BCSC's publication, Capital Raising for Small Business, is a free guide available for download. It covers a range of topics,
Defining a security and the key principles of securities laws
Discussing differences between the private placement market and public
Explaining exemptions and how they apply when raising capital
Describing what information investors may seek from small businesses
For a preview of the guide, you can view a short animated video on the BCSC's new YouTube page (BCSC4Industry). You can download the guide from the BCSC website at www.bcsc.bc.ca.
BCSC staff are also delivering small business capital raising
presentations to various groups and organizations across the province
in the coming year.
If you have questions, contact Richard Gilhooley, media relations,
604-899-6713. For public inquiries, call 604 899 6854 or 1 800 373 6393
Learn how to protect yourself and become a more informed investor at www.investright.org
About the British Columbia Securities Commission (www.bcsc.bc.ca)
The British Columbia Securities Commission (BCSC) is the independent
provincial government agency responsible for regulating securities
trading in British Columbia through the administration of the Securities Act.
SOURCE: British Columbia Securities Commission
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