Private Capital Markets

4th Annual Private Capital Markets Conference Building on three straight sold-out annual conferences, our

4th Annual PCMA Private Capital Markets Conference to be held in the Spring of 2015. The 2015 - will be our biggest and best one yet. We have major speakers you’ll want to hear, exciting sessions on significant regulatory and industry issues, and new business development, technology and market insight panels. This year, you will also be able to customize your conference based on whether you are participating as an exempt market dealer, dealing representative, issuer or adviser to the industry. If you haven’t considered being a conference sponsor, exhibitor or speaker we invite you to contact us now as space is always limited. Stay tuned to www. pcmacanada.com for more details.

Offering Memorandum Exemption

Are we there yet? I’d love to say we were, but these things take time and our 13 securities regulators have quite a complex set of proposals to wade through and make decisions on. After an avalanche of industry responses in 2014 (check out the PCMA comment letters inside this edition and on our website), we know our regulators have finally dug through the key issues and are close to making decisions. While the PCMA was critical of certain aspects of the complex set of prospectus exemption proposals, and we continue to push hard for changes, we are also very supportive of this serious commitment to new capital raising tools across Canada. We are hopeful that final proposals will be announced shortly in Ontario and in other jurisdictions.

Our Best Wishes

With a Holiday Season fast approaching, we are reminded of all that we have to be thankful for in our personal and professional lives. As we contemplate the year ahead, with snowflakes soon upon us, the PCMA has only one simple wish to share - our wish for a shiny new Offering Memorandum in Ontario. We hope it will be an OM without unnecessary complexity or limitations, but most importantly, we hope it comes with an ‘Effective Date’ in 2015 – and that’s our wish for the year ahead.

To send us your comments, suggest articles for upcoming editions, or to inquire about advertising please contact me at geoffrey.ritchie@pcmacanada.com or toll free at 1-877-363-3632. We welcome your views, appreciate your support, and invite you to join us as a member of the PCMA. And most importantly, make sure you stay connected with Canada’s leading voice in the private capital markets www.pcmacanada.com

FROM THE EDITOR
“I believe that a powerful combination of regulatory reforms,
technological tools and market initiatives are about to bring important
changes to our markets… This is an exciting time to be involved in
private markets, whether as a buyer, seller, intermediary or regulator.”
Hon. Howard Wetston, Chair, the Ontario Securities Commission in his remarks at
the 2014 PCMA Private Capital Markets Annual Conference, June 2, 2014

Working with you to facilitate your private debt offering to be registered plan eligible

One Single Vision. One Special Purpose.

Knightswood Financial Corp. is a public company listed on the TSX Venture Exchange and was the first of only two Canadian public companies approved to establish subsidiary businesses for private companies wanting to issue registered plan debentures (e.g. RRSPs, RRIFs and TFSAs).

Knightswood is proud to have assisted over 25 companies since 1994.

Our Process

Our process is uncomplicated. The first step is to set up a subsidiary company to facilitate your debenture offering. The next step is for your company to raise capital with your company’s registered plan eligible debentures.