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The Winners of the 2015 PCMA Private Capital Markets Deals of the Year Awards were announced at the 2015 PCMA Private Capital Markets Annual Conference


May 25, 2015, TORONTO - the Private Capital Markets Association of Canada (PCMA)™ held its 4th Annual PCMA Private Capital Markets Conference and announced the winners of the 2015 PCMA Private Capital Markets Deals of the Year Awards on May 19th, 2015.

The conferences hosted a great line up of speakers including the Hon. Joe Oliver, Minister of Finance, who opened the conference with a keynote address on the private capital markets and its impact on the economy.

It was a pleasure to speak at 4th Annual Private Capital Markets Conference organized by the Private Capital Markets Association of Canada. Our Government’s top priority is creating jobs, growth, and long-term prosperity. A vibrant, liquid and competitive capital market is central to achieving that goal - and private markets are an integral part. So we share the same goal as the PCMA: harnessing capital markets as the engine of Canadian prosperity,” remarked Hon. Joe Oliver, Minister of Finance

This year the conference focused on the following theme: “Capital Raising and Effective Regulation – Private Capital Markets and Canada’s Economic Development”.

The event culminated with the presentation of the 2015 PCMA Awards – Private Capital Markets Deals of the Year – the only national industry awards for the private capital deals across Canada. These industry awards recognize Issuers of private market securities and Exempt Market Dealers that encourage best practices, high standards of conduct and recognize private capital markets business leaders who are helping build a vibrant and successful private capital market in Canada. Barry Critchley from the Financial Post hosted the 4th annual PCMA Awards presentation.

Geoffrey Ritchie, Executive Director, PCMA remarked, “The 2015 PCMA Award nominees reflect the many high quality and dynamic private capital deals going on across this country. This year, the PCMA received nominations from every region of the country - in fact it was the strongest nomination year since the awards began in 2012 and a sign of the growing momentum behind these Private Capital Awards.

The nominees were evaluated based on their leadership in the industry, the qualities of the deal, its impact on the business, our industry and the community. We looked for innovative deals, projects that reflect the variety and complexity of the private markets, and issuers and dealers that displayed best practices and created great opportunities for Canadian investors. The award selection committee was comprised of independent members of the PCMA’s national Board of Directors.

The PCMA is committed to raising up the success stories of the private markets and honouring the industry leaders behind these successes stories. The PCMA Awards are the first awards to recognize excellence in the private capital markets and the activity of PCMA members across Canada engaged every day in helping to:

1.    finance entrepreneurs, innovators and start-up’s;
2.    inject capital to transition businesses;
3.    support and grow emerging businesses that are creating jobs in local communities; and
4.    create successful private market investment opportunities for Canadians.

Winners of the 2015 PCMA Awards – Private Capital Markets Deals of the Year 

Biotechnology and Manufacturing Deal of the Year
PowerOne Capital Markets Limited & Bedrocan Cannabis Corp.

In 2013 PowerOne Capital Markets Limited, an EMD and diversified Merchant Bank, investigated the potential for Medicinal Cannabis with the changing Health Canada legislation for this sector.  Through their due diligence process in this developing market with nearly 1000 entrants, PowerOne reviewed 50 companies in detail before making a determination that Bedrocan Cannabis Corp could be a market leader under Canada's Marijuana for Medical Purposes Regulations. Bedrocan and its Dutch partner & shareholder, Bedrocan BV are a leader in the world of medicinal cannabis research and product innovation - supplying pharmaceutical grade government regulated cannabis for the last 13 years. PowerOne was the exclusive lead on the first and second private placements that totalled over $15 million.  Subsequently, Powerone advised on the Reverse Take Over using a CPC Vehicle and Bedrocan is now listed as TSX-V:BED. The company has approximately 88 million shares out (diluted) and announced that production commenced in March 2015 of genetic clones that its Dutch partner produces in the Netherlands. The company began importing live plants from Holland, shortly after receiving its production licence from Health Canada.

PowerOne clearly demonstrated the ability of an EMD to provide the early stage capital and financing expertise to support entrepreneurial business and create investor opportunity in the Canadian economy.  

The PCMA would like to thank the 2015 Conference Sponsors for their support of this important industry event: Walton International Group Inc., Western Investment Properties, Computershare, TMX Private Markets, Romspen Mortgage Investment Fund, Mandeville, MNP Corporate Finance, North Star Compliance and Regulatory Solutions, Introduction Capital, WeirFoulds LLP, Sloane Capital Corp., peHUB Canada, Investment Executive, and Women in Capital Markets.

The PCMA would also like to thank the PCMA Founding Sponsors that have played an important role in establishing and supporting our Association. The support of our Founding Sponsors has made a significant difference in the exempt market/private capital market industry from coast to coast: Walton International Group Inc., WeirFoulds LLP, MNP Corporate Finance, PowerOne Capital Markets Limited, IBK Capital Corp., Portland Investment Counsel, Cassels Brock & Blackwell LLP, Knightswood Financial Corp.

About the Private Capital Markets Association of Canada
Since 2002, the Private Capital Markets Association of Canada (formerly the Exempt Market Dealers Association of Canada™) has brought together exempt market dealers, exempt market product issuers, and professional advisers to the exempt market. The PCMA is the leading national industry voice for the private capital markets to securities regulators, government agencies and the capital markets. The PCMA provides valuable services and benefits to its members, including: regulatory and compliance resources, opportunities for professional development and industry education, exclusive insurance programs, and access to a network of private capital markets professionals from coast to coast. For more information visit www.pcmacanada.com and also review our industry magazine Private Capital Markets here: http://www.pcmacanada.com/?page=Magazine

About the PCMA Private Capital Markets Deal of the Year Awards
Private Capital Markets Deals of the Year – are the only national industry awards for private capital markets professionals, which recognize business leaders who help build a vibrant and successful private capital markets in Canada. Capital raised in the private capital/exempt market helps finance economic activity across Canada and is an important contributor to supporting entrepreneurial business, and creating wealth for Canadian investors. Nominees are evaluated based on their leadership in the industry, their contribution to the deal, innovative market, product or investment opportunities created, the benefits of the deal for the issuer and for investors, and the overall impact of the deal on the quality and integrity of the private capital markets. The award selection committee is comprised of independent members of the PCMA and its national Board of Directors. For more information please visit our website: www.pcmacanada.com.

For media inquiries, please contact:
Elena Mazur
Communications Director, PCMA
elena.mazur@pcmacanada.com