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Is it possible for the same distribution to have different resale restrictions in the different jurisdictions?

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Is it possible for the same distribution to have different resale restrictions in the different jurisdictions?

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Yes, it is possible. Although the resale rules are harmonized under MI 45-102, the exemptions are not, so that the same distribution may have different resale restrictions applicable in different jurisdictions. One example is an exempt take-over bid where securities distributed to purchasers in BC will be subject to a restricted period and securities distributed to purchasers in Alberta and Ontario will only be subject to a seasoning period.

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