Who qualifies as an accredited investor?

An accredited investor satisfies any of the following attributes:

☑     An individual who, alone or together with a spouse, owns financial assets worth more than $1 million before taxes but net of related liabilities; or An individual, who alone or together with a spouse, has net assets of at least $5,000,000.

☑     An individual whose net income before taxes exceeded $200,000 in both of the last two years and who expects to maintain at least the same level of income this year; or An individual whose net income before taxes, combined with that of a spouse, exceeded $300,000 in both of the last two years and who expects to maintain at least the same level of income this year

☑     An individual who currently is, or once was, a registered adviser or dealer, other than a limited market dealer

☑     Financial institutions

☑     Governments and governmental agencies

☑     Insurance companies

☑     Pension funds

☑     Registered charities

☑     Certain mutual funds, pooled funds, and managed accounts

☑     Companies with net assets of at least $5 million

☑     Persons or companies recognized by the Ontario Securities Commission (OSC) as an accredited investor

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