Representative Work Representative Work

Momentum Minerals Ltd. in its merger with IM Exploration Inc.

On July 6, 2021, Momentum Minerals Ltd. and IM Exploration Inc. completed their previously announced merger transaction. The transaction was completed by way of a three-cornered amalgamation under the Business Corporation Act (British Columbia) among IM, Momentum and IM Subco. IM Exploration is a...

Lead Office: Vancouver Date Closed: July 6, 2021 Value: -

Canadian Natural Resources Limited in the restructuring of the North West Redwater Refinery

On July 5, 2021, Canadian Natural Resources Limited (CNRL) completed a restructuring of North West Redwater Refinery in Sturgeon County Alberta.  The transaction included a bond issuance, amendment of its senior secured credit facilities and consent solicitation from existing...

Lead Office: Calgary Date Closed: July 5, 2021 Value: $1.8 billion

Rhino Ventures as lead investor in Side Door’s US$3 million seed round

In July 2021, Side Door, a Halifax start-up aimed at connecting artists and their audience through alternative venues, completed its US$3 million seed round, led by Rhino Ventures. The capital raised will be used to enhance their current platform and scale their offering across the...

Lead Office: Vancouver Date Closed: July 2, 2021 Value: US$3 million

University Pension Plan in its launch and conversion to a jointly sponsored pension plan

On July 1, 2021, the University Pension Plan announced its launch and conversion to a jointly sponsored pension plan (JSPP). The conversion to a JSPP took place by way of a merger, combining the pension assets of three Ontario Universities including Queen’s University, University of...

Lead Office: Toronto Date Closed: July 1, 2021 Value: -

Institutional Venture Partners in Paper’s US$100 million Series C financing round

On June 30, 2021, Montreal-based EdTech startup Paper announced it had closed a US$100 million Series C financing led by Institutional Venture Partners (IVP). With the new funding, Paper is looking to continue scaling its offering to support more stakeholders in the education sector, which...

Lead Office: Toronto Date Closed: June 30, 2021 Value: US$100 million

Bank of Montreal in its $15 million credit facility agreements with Royal Canadian Mortgage Investment Corporation and Royal Canadian 1st Mortgage Investment Corporation

On June 30, 2021, Bank of Montreal announced a $10 million credit facility agreement with Royal Canadian Mortgage Investment Corporation and a $5 million credit facility agreement with Royal Canadian 1^st Mortgage Investment Corporation. The Bank of Montreal is a Canadian...

Lead Office: Toronto Date Closed: June 30, 2021 Value: $15 million

Maverix Metals Inc. in its royalty portfolio acquisition from Pan American Silver Corp.

On June 29, 2021, Maverix Metals Inc. announced its acquisition of a portfolio of precious metals royalties from Pan American Silver Corp. Maverix acquired a portfolio of six royalties from Pan American Silver in exchange for 491,071 common shares of Maverix and a cash payment of $7,000,000. This...

Lead Office: Vancouver Date Closed: June 29, 2021 Value: US$10 million

The Syndicate of agents in TELUS Corporation’s $750 million inaugural Sustainability-Linked Bond offering

On June 28, 2021, TELUS Corporation closed its $750 million offering of senior unsecured Sustainability-Linked Series CAF notes maturing in 2031. The notes were offered through a syndicate of agents led by RBC Capital Markets, as Lead Structuring Agent and Joint Bookrunner, and...

Lead Office: Toronto Date Closed: June 28, 2021 Value: $750 million

Alida in its $12.3 million financing

On June 28, 2021, Alida completed its $12.3 million debt financing from Comerica Bank’s technology and life sciences division. The financing will be used to accelerate its new product development-focused growth strategy. Alida will also use the funding as working capital to build on...

Lead Office: Vancouver Date Closed: June 28, 2021 Value: $12.3 million

Dream Industrial REIT in its $800 million debenture offering and inaugural green bond issuance

On June 10, 2021, Dream Industrial REIT priced an $800 million private placement consisting of a $200 million re-opening of the 1.662% Series A Debentures, $200 million Floating Rate Series B Debentures and Green Bonds of $400 million 2.057% Series C Debentures. The Series C Debentures are...

Lead Office: Toronto Date Closed: June 25, 2021 Value: $800 million