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by Stockwatch Business Reporter

The TSX Venture Exchange gained a fraction and closed at 829.77 Wednesday. Martin Burian has filed a preliminary prospectus to list his first capital pool shell, Canvass Ventures Ltd. The shell is selling a $200,000 initial public offering of two million shares at 10 cents. Its IPO agent is Leede Jones Gable Inc.

Canvass Ventures has 2.01 million escrowed shares, which it sold at five cents in February, 2017. Mr. Burian and the shell's two other directors each hold one-third of the escrowed shares (670,000). Mr. Burian, 53, is the shell's president and chief financial officer. He is an accountant, a chartered business valuator, a former broker and a frequent subscriber to private placements. He has participated in more than 50 financings, usually by junior resource issuers. Mr. Burian was a vice-president of investment banking at Canaccord Capital Corp. from 1998 to 2005. He later moved to Bolder Investment Partners Ltd., where he eventually became the president. In October, 2010, when Bolder was acquired by Haywood Securities Inc., he joined Haywood as managing director of investment banking. He left Haywood in May, 2013. Currently, Mr. Burian is the CFO of Heffel Gallery Ltd., a Vancouver-based fine art auction house. He is also a director at his family's investment company, Burian Investments Inc., which mostly invests in property development projects in British Columbia. The busy Mr. Burian is the CFO of B.C. and Nevada gold explorer ML Gold Corp. (MLG: $0.245) and a director of three other public companies: B.C. gold explorer Canarc Resource Corp. (CCM: $0.115), resource stock investor Elysee Development Corp. (ELC: $0.40) and cloud-computing company Atlas Cloud Enterprises Inc. (AKE: $0.09).

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