Junior Capital Pool


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Junior Capital Pool

A capital structure where a company can issue shares, and even make an IPO before it has begun operations. It requires a minimum investment of $100,000, but can give a company access to the market to raise capital to begin operations. This is unusual and is only available in Canada. Obviously, investing in a company with a junior capital pool is very high risk.
References in periodicals archive ?
RCM")(ASE trading symbol: RCE), a junior capital pool company is pleased to announce the posting of its common shares for trading on The Alberta Stock Exchange (the "Exchange") on July 28, 1998.
The Corporation is a Junior Capital Pool Corporation and the acquisition is intended to constitute the Corporation's Major Transaction pursuant to Rule 46-501 of the Alberta Securities Commission and Circular No.
As a result of these transactions, effective July 27, 1998, the corporation shall be removed from the Junior Capital Pool Board on the Alberta Stock Exchange.
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