COMPANY PROFILE

Summary

Since 2007, PearTree’s innovative platform accesses Canadian tax incentives in support of Canadian resource exploration and development in a manner which enables global investor participation in equity financings at discounted cost of capital while delivering valuation premiums to issuers resulting in materially reduced share dilution.

PearTree is Canada’s preeminent source of flow-through share capital for Canadian resource exploration and development financing. Working alongside global investors, PearTree places $400M to $500M annually in equity with the capacity to deploy significantly more for opportunities that meet diligence. In each of 2020 and 2021, PearTree completed at least 50 public and private financings on Canadian and foreign exchanges in financings ranging from very modest early stage equity to as much as $ 70M in any one closing.

PearTree’s innovation simultaneously satisfies a number of job creating and philanthropic social benefits demonstrably adding value to an issuer’s ESG profile.

Founding Year

2007

Strategic Quote

“As Canada’s leading provider of flow-through share capital, PearTree has over $500M available to deploy annually for Canadian mineral exploration and development in all market conditions.”

Lisa Davis, CEO, PearTree Securities

Main Leadership

• Lisa Davis, LL.B, ICD.D, CEO, PearTree Securities

Lisa Davis is the CEO of PearTree Securities, a boutique financing firm focused on the junior Canadian resource sector. Drawing on her knowledge of securities regulation gained while on secondment to the Ontario Securities Commission and as General Counsel for a specialized investment fund business, Lisa is also responsible for the legal and compliance aspects of the firm's business. She has earned her ICD.D designation from the Institute of Corporate Directors and currently serves as a director of Signature Resources Ltd. Lisa is also a past director and co-chair of the Finance & Taxation Committee of PDAC and a member of the Advisory Board for LIGHTS, a program aimed at addressing the shortage of appropriate housing for intellectually disabled citizens.

• Ron Bernbaum, LL.B, Founder & CEO, PearTree Canada

With an extensive background in law, tax and finance, Ron has blended his proven talent for recognizing, structuring and implementing innovative, yet conservative, financing structures with a sincere, lifelong dedication to supporting philanthropic causes. Amongst his accomplishments, Ron has structured and created an investment fund listed with the Hong Kong Securities and Futures Commission, a REIT listed on the American Stock Exchange, and a family of tax-efficient mutual funds for investment dealers. As early as 2004, Ron presented the use of flow through shares to philanthropists and charities as a way to reduce the after-tax cost of giving. Ron has the ability to productize tax-efficient financial products that meet both the policy and technical requirements of the tax legislation and he was the driving force in the first flow through donation transactions, the first CRA ruling and the first Revenu Quebec ruling.

Additional Resources