Legal Disclaimer

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Last Updated: August 17, 2026

The information provided on mref.ca (the "Site"), operated by MREF (a registered Exempt Market Dealer regulated by the Ontario Securities Commission), is subject to the following legal disclaimers.

1. Regulatory Boundaries

• OSC Regulation: MREF is registered as an Exempt Market Dealer (EMD) under securities legislation in Ontario, regulated by the Ontario Securities Commission (OSC).
• Jurisdictional Limits: Content on this Site is intended solely for Canadian residents in jurisdictions where MREF is authorized to conduct EMD business. Nothing on this Site constitutes an offer, solicitation, or distribution in any jurisdiction where such activities are unauthorized.

2. No Investment Advice or Public Offering

• General Information Only: Content on this Site does not constitute personalized financial, investment, legal, tax, or accounting advice.
• No Prospectus or Public Solicitation: This Site does not constitute an offering memorandum, prospectus, or public offering. Trades in prospectus-exempt securities may only be executed after formal account onboarding, identity verification (KYC), investor qualification, and a suitability review conducted by an MREF registered Dealing Representative (DR).

3. Investment Risk & Forward-Looking Statements

• High Risk of Loss: Securities offered through the exempt market are speculative, unrated, highly illiquid, and carry a substantial risk of capital loss.
• Hold Periods: Exempt market securities are subject to statutory hold periods and resale restrictions under Ontario securities law.
• Forward-Looking Statements: Materials on this Site may contain projections or forward-looking statements that are subject to risks and uncertainties. Past performance is not indicative of future results.