Investor Presentaiton
•
whether the articles of the venture capital corporation were amended in a manner that
changed the share structure of the venture capital corporation or altered any rights or
restrictions attached to any share of the venture capital corporation;
the amount of all dividends received by the venture capital corporation in respect of an
eligible investment made by it in a small business;
whether the venture capital corporation redeemed any of its shares;
whether a share redemption referred to in Section 23 of the Regulation was reported to
the Minister;
in relation to a share redemption referred to in Section 23h of the Regulation that was not
reported to the Minister, the name of each investor whose shares were redeemed, the
date of each redemption, the number of shares redeemed in each redemption, the
investor's cost of each share redeemed in each redemption and the consideration paid by
the venture capital corporation in respect of the redemption;
whether the venture capital corporation paid any expenses to any person or group of
persons who, at the time the payment was made, directly or indirectly controlled the
venture capital corporation;
whether the venture capital corporation notified the Minister of the occurrence of any
events referred to in Section 17 of the Regulation.
Important note:
•
A VCC must comply with this reporting in each of the five consecutive fiscal years
following the date of its most recent issue of shares as part of the raising of additional
equity capital.
Additional Information
Recognition
Program participants who wish to make a public announcement about their involvement in the
program are asked to notify the Government of Alberta in advance. Program participants are also
asked to share the content of their announcement so the Government of Alberta can ensure
program details are accurately represented.
The Government of Alberta reserves the right to make public announcements on the progress or
success of the program, which could include the release of aggregate totals and information.
Details on individual investments, including company details, will not be included in Government
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Alberta Investor Tax Credit Program | January 2019View entire presentation