The Nova Scotia Securities Commission has issued the following press release:

Crowdfunding Public Information Session in Truro

Halifax - Sept 22, 2015 -- The Nova Scotia Securities Commission is holding a free public information session on the new rules for the equity crowdfunding exemptions on Oct. 15.

The event will take place at the Nova Scotia Community College in Truro from noon until 2 p.m. in Salon C, 36 Arthur St.

The session is in partnership with the Financial and Consumer Services Commission in New Brunswick and PEI Securities Commission. Information will be given on the new securities rules that will allow individuals and companies to crowdfund business projects using internet portals, as well as raise funds pursuant to other rules.

The session is open to potential and existing business owners, industry participants and local community members who are interested in raising capital and will include speakers from the Financial and Consumer Services Commission, Nova Scotia Securities Commission, Cox and Palmer and Ernst and Young.

The Crowdfunding Exemption and the Start-Up Exemption are designed to meet the needs of start-ups and small and medium sized enterprises at different stages of growth while providing a number of investor protection measures.