# CSA NI 41-101 — Prospectus

> Draft and validate a prospectus for Canadian offerings under NI 41-101 and Form 41-101F1 (general issuer). Ensures summary, risk factors, use of proceeds, business description, and financial information for SEDAR+ filing.



Tags: Canada, CSA, NI 41-101, SEDAR, Prospectus, Capital Markets


## Example Prompts

- Draft our prospectus for the offering and validate for Form 41-101F1
- Prepare prospectus sections: risk factors, use of proceeds, and business description
- Validate the prospectus draft before SEDAR+ filing

URL: https://rakenne.app/skills/csa-ni41101-prospectus/index.md

Try this skill: https://rakenne.app/a/?skill=csa-ni41101-prospectus



## Overview

Draft and validate a prospectus for Canadian offerings under NI 41-101 and Form 41-101F1 (general issuer). Ensures summary, risk factors, use of proceeds, business description, and financial information for SEDAR+ filing.

## Example Conversation

> **You:** We're preparing a prospectus for our offering. Can you draft the main sections—summary, risk factors, use of proceeds, business description, and financial information—and validate the draft for Form 41-101F1?

> **Agent:** I'll draft the prospectus per Form 41-101F1 with those sections and run `validate_ni41101_prospectus` on the draft.

> **Agent:** Created `prospectus-draft.md`. Running `validate_ni41101_prospectus`...

> **Agent:** Check **PASS** — the document includes summary, risk factors, use of proceeds, business description, and financial information, with no placeholders. You can file on SEDAR+ after final review and regulatory clearance.

## What the Tools Validate

**`validate_ni41101_prospectus`** checks the prospectus draft for:

- **Summary or overview** — Offer summary or highlights as required by Form 41-101F1.
- **Risk factors** — Material risks specific to the issuer and the offering.
- **Use of proceeds** — How the issuer will use the proceeds of the offering.
- **Business description** — Nature of the business, operations, and strategy.
- **Financial information** — Financial statements or selected financial data as prescribed.
- **Placeholders** — Flags [TODO], TBD, or similar to replace before SEDAR+ filing.

**Output:** PASS when there are no errors or warnings; otherwise FAIL with a findings list. Fix flagged items and re-run until the check passes.

## Output Excerpt

**Prospectus (excerpt):**

```markdown
## Summary

This prospectus qualifies the distribution of [securities]. [Key highlights of the offering and the issuer.]

## Risk Factors

Investors should consider the following material risks: [risk 1], [risk 2]...

## Use of Proceeds

We intend to use the net proceeds of this offering as follows: [allocation].

## Description of the Business

[Issuer] is a [description]. Our principal business is [operations]...

## Financial Information

Selected annual and interim financial information is set out below...
```

**validate_ni41101_prospectus report (excerpt):**

```
=== CSA NI 41-101 PROSPECTUS (Form 41-101F1) VALIDATION ===
Result: PASS
```

## Getting Started

Add your source materials to the project workspace (financials, risk factors, use of proceeds), then activate the *CSA NI 41-101 — Prospectus* skill. The agent will guide you through drafting and validating with `validate_ni41101_prospectus`.


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