RE:WELL SEDAR reportSazabi wrote: You you guys input on this one. In the SEDAR report Decision document from date of sep 8, they mentioned in the receipt for Multilateral Instrument 11-102 passport system. You guys ever heard of this?
it's just a filing mechanism so the prospectus is OK'd by all provincial governing bodies (each province has a different securities commission) - nothing to see here.
a $500MM offering is a big number and this indicates something huge could be coming. WELL has a lot of capital already, and backing from Li Ka Shing, so this could represent a real game changer of an acquisition.