Disciplined capital.
Alternative markets.

In Alberta, an accredited investor is an individual who meets one or more of the following criteria: net income before taxes exceeding $200,000 in each of the two most recent calendar years (or combined net income with a spouse exceeding $300,000), financial assets (cash and securities) exceeding $1,000,000, or net assets of at least $5,000,000. Certain other categories also apply, including registered dealers, advisers, and certain institutional entities. Accredited investor status must be verified and documented before an investment can proceed.

An eligible investor is a broader category than accredited investor. Under Alberta's offering memorandum exemption, an eligible investor includes individuals with net assets of at least $400,000 (alone or with a spouse), net income before taxes of at least $75,000 in the two most recent years, or who have completed an eligible investor risk acknowledgement form. Eligible investors may face investment limits depending on the exemption used. We will assess which category applies to you as part of our know-your-client process.

The exempt market refers to securities sold without a prospectus, using specific exemptions under securities legislation. These include private placements, mortgage investment corporations, limited partnerships, real estate investment trusts, and other private capital structures. Because these securities are not publicly listed, they are not subject to the same ongoing disclosure requirements as stocks or bonds — which creates both opportunity and additional risk. See our risk disclosure for a full explanation.

We receive a dealing commission paid by the issuer — typically a percentage of the amount you invest. This fee is always disclosed in the offering memorandum before you make any decision. In some cases, ongoing trailer fees may apply and will also be disclosed. We also invest our own capital alongside clients in many deals, which means our financial interests are directly tied to the same outcomes. Full details are available in our regulatory disclosure.

Generally, no — or not easily. Exempt market securities are illiquid. There is no stock exchange or secondary market where you can sell your position on demand. You should assume that your capital will be tied up for the full term of the investment, which can range from two to seven years or more depending on the structure. This is one of the most significant risks of exempt market investing and should be carefully considered before committing capital.

An offering memorandum (OM) is a legal document prepared by the issuer that describes the investment in detail — the business, the use of proceeds, the risk factors, the compensation structure, and your rights as an investor. Under the offering memorandum exemption, you are entitled to receive an OM before investing and to review it carefully. You should read it in full and ask questions about anything that is unclear. We strongly encourage clients to seek independent legal and tax advice before investing.

We focus on three main categories: private debt (including mortgage investment corporations and private lending funds), private equity (limited partnership interests and direct equity placements), and real assets (real estate investment trusts, development projects, and infrastructure funds). We do not present every product in these categories — only those that have passed our independent due diligence process and that we believe are appropriate for our client base.

The first step is a brief introductory conversation to understand your situation, investment objectives, and whether our approach is a fit. Use the contact form below or reach us directly at info@corvaxfinancial.com or 587.433.3134. There is no obligation and no pressure — if we do not believe a particular investment is right for you, we will tell you.