“Accredited Investor” as defined under National Instrument 45 – 106, qualify under one of the following:
• An individual who, either alone or with a spouse, beneficially owns, directly or indirectly, financial assets having an aggregate realizable value that before taxes but net of any related liabilities exceeds $1,000,000;
• An individual, whose net income before taxes exceeded $200,000 in each of the two most recent calendar years or whose net income before taxes combined with that of a spouse exceeded $300,000 in each of the two most recent calendar years and who, in either case, reasonably expects to exceed that net income level in the current calendar year;
• An individual who, either alone or with a spouse, has net assets of at least $5,000,000; or
• A person that is recognized or designated by the Ontario Securities Commission as an accredited investor.
In order to invest as a member of the Niagara Angel Network you will be required to read, sign and return the Accredited Investor Agreement to the Niagara Venture Forum found here: Niagara Angel Network Accredited Investor Declaration