Many TSX Venture Exchange listed issuers and numerous private companies looking to go public have used “finders” to help them raise capital. These finders are most often not registered brokers or exempt market dealers, and are paid a finder’s fee for locating and introducing participants in private placements conducted by the issuer.
BCSC to End Finder’s Fees for Capital Raising Except by Registered Dealer
By Legal Newsletters | BC's Law Firm for Business | Clark Wilson LLP on February 22nd, 2013
Posted in Legal Updates | North America