ATM Financing PDAC Recommendations
We responded during CSA's public consultation process, recommending that ATM issuances should not be limited by a 25% Daily Cap (based on average volume traded) proposed by CSA, as it would result in excessively protracted timelines to raise capital for mineral industry companies, particularly for small-to-mid sized issuers. In addition, PDAC suggested CSA to consider the possibility of creating an ATM prospectus exemption. Read our response