Accessing public venture capital can be done through the Capital Pool Company Program on the TSX Venture Exchange.  A CPC is essentially a public shell with cash as it's only asset.

 

Kice Capital Inc. has incorporated Azura Ventures Ltd. which will be the first of several CPC's it intends to launch.  Kice will provide Azura with competent management, infrastructure and be the gatekeeper protecting the interests of the shareholders of Azura.

 

Within 24 months of being listed, the CPC will identify and negociate with an operating company a transaction whereby this company will take over the CPC and become the new public company.

 

The ideal operating company needs to be well-established, profitable and wants to transition ownership as part of a succession plan.  Alternatively, an established company with solid growth potential could be a great candidate.