FWIW...and I'm no lawyer so this is far from advice....re ' EXPERIENCED Investor'...this is section 708 (10) from the Corps Act website....
....it doesnt mean PAC nor Cannacord would approve you/I being branded as that...up to them I guess....but just for interest...could be an angle ?
Corps Act Section 708(10) An offer of a body's securities does not need disclosure to investors under this Part if:
(a) the offer is made through a financial services licensee; and
(b) the licensee is satisfied on reasonable grounds that the person to whom the offer is made has previous experience in investing in securities that allows them to assess:
(i) the merits of the offer; and
(ii) the value of the securities; and
(iii) the risks involved in accepting the offer; and
(iv) their own information needs; and
(v) the adequacy of the information given by the person making the offer; and
(c) the licensee gives the person before, or at the time when, the offer is made a written statement of the licensee's reasons for being satisfied as to those matters; and
(d) the person to whom the offer is made signs a written acknowledgment before, or at the time when, the offer is made that the licensee has not given the person a disclosure document under this Part in relation to the offer.
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