Products tagged with 'prospectus forms'

Downloadable shareholders resolution authorizing the directors of a Canadian corporation to issue a prospectus.

Purpose of Corporate Resolution

Under Business Corporations Act requirements, the shareholders must authorize the Board of Directors to issue a preliminary prospectus for a public offering of common shares.

Content of Resolution

• The shareholders approve the draft of the prospectus, as well as a stock option plan.
• The shareholders authorize the directors to file the prospectus, and to grant options under the stock option plan.
• The corporation is authorized to list its shares on a specified stock exchange.

Format and Jurisdiction

This template resolution is available in MS Word format and is downloadable and fully editable.

The Shareholder Resolutions Authorizing Prospectus was prepared to comply with the requirements of the Business Corporations Act and is intended to be used only in Canada.