November 7, 2013
What is a Flow-Through Share
A flow-through share is a tax-advantaged investment in the common shares of a Canadian company in the natural resource or renewable energy sector. A company that issues flow-through shares renounces or “flows through” to the purchaser tax expenses associated with certain exploration, development and project start up activities that it would otherwise be permitted to […]
November 5, 2013
What is an Accredited Investor?
Flow-through shares are frequently issued in a private placement. A private placement is an offering of securities that is not accompanied by the filing of a prospectus. Because a prospectus provides certain mandated disclosures and legal protections, securities laws provide that securities issued in a private placement may not be issued to the investing public […]