Interesting that a NY Capital Market Guy pointed out the MJDS
As when it comes to expect the unexpected :
The Multijurisdictional Disclosure System (MJDS) permits eligible Canadian issuers to engage in cross-border public offerings, rights offerings, takeover bids and business combinations by complying primarily with Canadian laws and procedural requirements rather than the rules of the U.S. Securities and Exchange Commission (SEC).
Moreover, issuers eligible for the MJDS may satisfy their ongoing U.S. reporting obligations primarily by filing their Canadian annual and quarterly reports and other continuous disclosure documents with the SEC.
From : http://www.torys.com/~/media/files/insights/trends-and-guides/raising_capital_us_mjds.pdf
Regards,