Summary: Dorsey partners Kenneth Sam and Christopher Doerksen consider in Report on Mining the implications of U.S. securities rule changes for Canadian companies. The Securities and Exchange Commission (SEC) recently adopted significant amendments to Rule 144 under the Securities Act of 1933. These amendments should assist companies that raise capital in the United States by making it easier for investors to resell securities purchased in US private placements.

Sam and Doerksen suggest that the rule changes could increase interest in investing in US Reporting Issuers, especially those dual listed in Canada. Accordingly, they argue that Canadian companies looking to raise capital in the United States need to understand several key aspect of the amendments to assist them in negotiating with agents, underwriters and US investors.

"Raising Capital in the United States Just Got Easier, or Did It?" was published by Report on Mining magazine, Summer 2008. Republished with permission.