Frequently Asked Questions
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Accredited Investor as defined by the British Columbia Securities Commission and under other applicable securities laws and regulations, which includes:
Financial institutions
Registered advisers or dealers
Pension funds
Mutual funds selling only under a prospectus or to accredited investors or persons buying at least $150,000 of securities.
Corporations, limited partnerships, trusts or estates having net assets of at least $5 million.
Individuals who have at least $1 million in financial assets (cash and securities) before taxes. (In calculating an individual's financial assets, any outstanding loans incurred to acquire those assets must be deducted.)
Individuals whose net income before taxes exceeds $200,000 (or $300,000 combined income with a spouse) in each of the two most recent years and who reasonably expects to exceed that net income in the current year.
Individuals who have at least $5 million in net assets.