ATB Cormark Capital Markets

Scott LamacraftAppointment

Executive Chair

Cormark Securities Inc. → ATB Cormark Capital Markets

Named Executive Chair of the combined firm when ATB agreed to buy Cormark (date shown is the announcement; the deal closed in December 2025).

Susan StreeterAppointment

Head of Strategy & Growth

Cormark Securities Inc. → ATB Cormark Capital Markets

Moved from Cormark to lead strategy and growth for the combined firm (date shown is the announcement).

William (Bill) KellettHire

Managing Director and Head of Currencies

— → ATB Capital Markets

Calgary-based FX veteran who had led foreign exchange businesses at two Canadian banks, hired to build ATB's FX strategy and advisory.

Chris MaurerHire

Head of Equities

— → ATB Capital Markets

Hired from a Canadian chartered bank to lead institutional equity sales, trading and research, and joined the executive committee.

Sangoma Technologies Corporation

Financial advisor to Sangoma; fairness opinion to the special committee and board · Technology

Buyer BRC Group Holdings, Inc.

Sangoma agreed to be acquired by an affiliate of BRC Group Holdings by plan of arrangement for US$4.925 cash plus 0.04767 of a BRC share per share, an enterprise value of about US$204 million (C$289 million), after a special committee strategic review.

Apotex Health Corp. C$1.25 billion inaugural senior unsecured notes

Co-manager · Healthcare / Pharmaceuticals

Apotex priced its first bond deal, C$1.25 billion of senior unsecured notes in three series due 2029, 2031 and 2033, to refinance existing debt.

Topaz Energy Corp. (bought deal secondary offering of common shares)

Underwriter · Oil & Gas / Royalties and Infrastructure

Seller Tourmaline Oil Corp.

Tourmaline agreed to sell 10 million Topaz common shares at C$28.75 to underwriters on a bought deal basis for about C$287.5 million, cutting its stake from about 12.9% to 6.4%, and said it would redeploy proceeds into share repurchases.

Vista Gold Corp.

Independent fairness opinion to the Vista Gold board · Mining

Buyer Artemis Gold Inc.

Artemis Gold agreed to acquire Vista Gold, owner of the Mt Todd gold project in Australia, by plan of arrangement in a transaction valued at about US$427 million.

El Barqueño property (Mexico)

Financial advisor to Luca · Mining

Buyer Luca Mining Corp. · Seller Agnico Eagle Mines Limited

Luca Mining agreed to acquire Agnico Eagle's El Barqueño property for a $10 million share payment on closing plus up to $30 million of milestone-linked deferred consideration.

E3 Lithium Ltd. (best efforts public offering of units)

Co-lead agent · Mining / Lithium

E3 Lithium launched a C$8.5 million best efforts public offering of units at C$0.90 off its shelf, upsized it to C$10 million the next day, and closed at about C$11.5 million including the over-allotment option, to advance its Clearwater lithium project in Alberta.

Revolve Renewable Power Corp.

Financial advisor to the special committee; verbal fairness opinion · Renewable Power

Buyer Whitfield Power Solutions, LLC

Whitfield Power Solutions agreed to acquire Revolve Renewable Power by plan of arrangement, with shareholders able to elect shares in the combined private company or $0.23 cash per share.

Fredonia Mining Inc. (bought deal LIFE private placement)

Lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters · Mining / Gold Exploration

Fredonia Mining agreed a bought deal private placement of common shares at C$0.65 under the listed issuer financing exemption for about C$10 million (with an option for up to C$1.5 million more) to advance its El Dorado Monserrat project in Argentina.

Alaris Equity Partners Income Trust (bought deal offering of trust units)

Syndicate member (underwriter) · Financial Services / Private Capital

Alaris announced a C$100 million bought deal of trust units at C$22.40 alongside a US$95 million investment in new partner Nexus; with the over-allotment option exercised in full the offering closed at about C$115 million, with proceeds used to repay credit facility debt.

Rogers Communications Inc. US$1 billion and C$600 million fixed-to-fixed rate subordinated notes due 2057

Co-manager (US notes and Canadian private placement) · Telecommunications

Rogers priced US$1 billion of hybrid subordinated notes in two series (7.150% and 7.400%, due 2057) in the US and a concurrent C$600 million 6.000% Canadian private placement, using proceeds to redeem or repurchase its 2081 and 2082 subordinated notes.

Kharrouba Copper Company

Financial advisor to Culico · Mining

Buyer Culico Metals Inc.

Culico Metals and Kharrouba Copper agreed to merge to create a Moroccan copper explorer, with a concurrent strategic private placement.

Quarterhill Inc.

Co-lead underwriter and joint bookrunner · Technology

Quarterhill announced a $35 million bought deal private placement of common shares at $2.48, upsized the next day to $45 million (18,145,300 shares) plus a 15% underwriters' option, for general corporate purposes and growth initiatives including acquisitions.

Highwood Wilson Creek assets

Financial advisor to the special committee · Oil & Gas

Buyer Obsidian Energy Ltd. · Seller Highwood Asset Management Ltd.

Highwood agreed to sell its Wilson Creek assets to Obsidian Energy for $105 million in cash plus contingent payments, up to $112 million.

Secure Waste Infrastructure Corp.

Financial advisor to the Special Committee of the target · Environmental services / energy infrastructure

Buyer GFL Environmental

Sale of Secure Waste Infrastructure to GFL Environmental, listed at C$6.4 billion on ATB Cormark's tombstone (April 2026).

Lithium Royalty Corp.

Financial advisor to Lithium Royalty Corp. · Metals & Mining

M&A advisory mandate for Lithium Royalty Corp., shown at C$521 million on the tombstone; the counterparty is not named on the tombstone.

AGT Food and Ingredients Inc.

Co-Manager · Food & Agriculture

Initial public offering of common shares by AGT Food and Ingredients, C$449.5 million.

Northern Superior Resources Inc.

Lead financial advisor to the target · Metals & Mining

Buyer Iamgold Corp.

Sale of Northern Superior Resources to Iamgold, shown at C$375 million on the firm's tombstone (December 2025).

Premium Brands Holdings Corporation

Underwriter (subscription receipts syndicate) (as Cormark Securities Inc.) · Food Products

Premium Brands completed $600 million of public subscription receipt and convertible debenture offerings plus a concurrent private placement; the original launch date is not given in the cited release.

Thunderbird Entertainment Group Inc.

Financial advisor to Blue Ant (as Cormark Securities Inc.) · Media & Entertainment

Buyer Blue Ant Media

Blue Ant Media agreed to acquire Thunderbird for $1.77 per share in shares, cash or a mix, a total equity value of $89 million.

Crescent Silver, LLC

Financial advisor to Americas (as Cormark Securities Inc.) · Mining (Silver)

Buyer Americas Gold and Silver Corporation

Americas Gold and Silver acquired the Crescent Silver mine in Idaho for US$20 million cash plus about 11.1 million shares; the deal was first announced on November 13, 2025.

Kiwetinohk Energy Corp.

Joint bookrunner and co-lead arranger, debt financing · Oil & Gas

Buyer Cygnet Energy Ltd.

Private E&P Cygnet, backed by NGP, ARC Financial and Carlyle, agreed to acquire Kiwetinohk for $24.75 per share in cash (enterprise value about $1.4 billion) after a strategy review.

STEP Energy Services Ltd.

Co-financial advisor to ARC · Oilfield Services

Buyer ARC Energy Fund 8

ARC Energy Fund 8 reached a definitive arrangement agreement to take STEP private, following a going-private proposal first announced on September 25, 2025.

Rockpoint Gas Storage Inc.

Underwriter (syndicate member) · Energy Infrastructure (Gas Storage)

Rockpoint priced an upsized IPO of 32 million Class A shares at C$22.00 for gross proceeds of about C$704 million (date is the pricing announcement).

Allied Gold Corporation

Underwriter (as Cormark Securities Inc.) · Mining (Gold)

Overnight marketed offering of common shares for C$175 million, closed October 24, 2025.

Boat Rocker Media

Financial advisor to Blue Ant Media · Media

Buyer Blue Ant Media Corp.

Blue Ant Media went public through a reverse takeover of Boat Rocker Media, shown at C$446 million on the tombstone.