• Material Information

    • OFS-5.1.3

      The issuer must disclose any information that would be material to an investor's investment decision.

      January 2014

    • OFS-5.1.4

      In addition to the information prescribed under this Module, a prospectus must include all such information within the knowledge of those preparing the prospectus so that investors may make an informed assessment.

      January 2014

    • OFS-5.1.5

      It is the responsibility of each issuer and lead manager to determine the material information:

      (a) According to the particular nature of its own affairs and the nature and type of securities for which an offering or listing is sought;
      (b) Necessary to enable a person who invests or seeks to invest in securities to make an informed assessment of the activities, assets, liabilities, financial position, management and prospects of the issuer, and of its profits and losses and the rights attached to such securities; and
      (c) The implicit risk associated with such investment.
      January 2014

    • OFS-5.1.6

      For the purpose of Paragraph OFS-5.1.5, material information consists of both material facts and material changes related to the business and affairs of the issuer, taking into account qualitative and quantitative facts, developments and events capable of influencing the offering or market price or value of issued securities.

      January 2014