Investor Dealer Exemption

Investment Dealer Exemption means the exemption from the prospectus requirement available in British Columbia, Alberta, Saskatchewan, Manitoba and New Brunswick pursuant to local instruments in each jurisdiction under securities legislation and, without limiting the foregoing, for reference, may include a distribution of a security by an issuer to a person who has obtained advice from a registered investment dealer regarding the suitability of the investment.

(See Prospectus Exemptions)