196 publicly disclosed transactions where National Bank Capital Markets played an advisory, financing or investing role, most recent first.
Oct 8, 2026
Dividend 15 Split Corp.
Agent (at-the-market program) · Financial Services
Dividend 15 Split Corp. renewed its at-the-market equity program for Class A and preferred shares under an equity distribution agreement dated October 7, 2026, with a $600 million cap on gross proceeds; actual proceeds depend on sales.
Oct 6, 2026
SmartCentres Real Estate Investment Trust
Co-manager · Real Estate
SmartCentres priced $300 million of new 4.795% Series AE senior unsecured debentures due 2032 and a $150 million re-opening of its 3.599% Series AC debentures due 2029.
Oct 5, 2026
Athabasca Oil Corporation
Financial advisor to the special committee; fairness opinion · Energy (Oil Sands)
Buyer Cenovus Energy Inc.
Cenovus agreed to buy Athabasca Oil through a plan of arrangement at $12.00 per share in cash and Cenovus shares, an implied enterprise value of about $5.7 billion, adding thermal oil sands production near its Christina Lake assets.
Oct 1, 2026
Ontario Teachers' Cadillac Fairview Properties Trust C$900 million senior unsecured notes
Co-manager · Real Estate
The Cadillac Fairview property trust made its inaugural Canadian-dollar bond issue under a new program: a C$900 million private placement split evenly between 4.394% notes due 2030 and 4.727% notes due 2033. Date is the completion date reported by counsel.
Sep 28, 2026
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.
Sep 22, 2026
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.
Sep 22, 2026
Premium Global Income Split Fund (at-the-market equity program)
Agent under the at-the-market equity distribution agreement · Asset Management / Split-Share Fund
Premium Global Income Split Fund set up an at-the-market program to issue preferred and Class A shares from time to time, under an equity distribution agreement dated September 21, 2026.
Sep 21, 2026
Streaming and royalty portfolio of Orion Mine Finance funds
Financial advisor to Orion · Mining
Buyer Elemental Royalty Corporation · Seller Orion Mine Finance
Elemental Royalty agreed to buy a streaming and royalty portfolio from Orion Mine Finance for US$290 million (US$200 million cash and US$90 million in Elemental shares), and separately to divest its generation business to Carlin East.
Sep 21, 2026
Brookfield Finance Inc. US$600 million 5.650% senior notes due 2031 (guaranteed by Brookfield Corporation)
Co-manager · Asset Management
Brookfield priced US$600 million of 5-year senior notes through its finance subsidiary for general corporate purposes.
Sep 21, 2026
Cozamin Mine
Financial advisor to Luca; lead underwriter and sole bookrunner on C$155M subscription receipt financing · Mining
Buyer Luca Mining Corp. · Seller Capstone Copper Corp.
Luca Mining agreed to acquire Capstone Copper's Cozamin mine in Mexico for US$290 million upfront and up to US$95 million deferred and contingent, funded partly by a C$155 million bought-deal subscription receipt financing.
Sep 17, 2026
First Mining Gold Corp.
Co-lead underwriter and joint bookrunner · Mining (gold)
Bought-deal offering of about 59.5 million common shares at C$0.84 to fund the Springpole and Duparquet gold projects.
Sep 15, 2026
National Bank of Canada (Series 52 NVCC preferred shares)
Lead agent, on behalf of a group of agents · Banking
National Bank issued C$750 million of non-cumulative 5-year fixed rate reset first preferred shares, Series 52 (NVCC), to institutional investors at C$1,000 per share with a 6.570% initial dividend.
Sep 15, 2026
Sagen MI Canada Inc.
Agent · Insurance
Mortgage insurer Sagen MI Canada issued $300 million of 4.947% unsecured debentures due 2033 by private placement, largely to refinance its 2.955% debentures due 2027.
Sep 15, 2026
Dream Summit Industrial LP
Lead agent · Real Estate
Dream Summit Industrial LP priced a C$300 million private placement of 4.432% Series J senior unsecured debentures due March 2030, to repay debt and fund acquisitions.
Sep 14, 2026
Alaris Equity Partners Income Trust (bought deal offering of trust units)
Co-lead 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.
Sep 10, 2026
Prime Dividend Corp. (renewed at-the-market equity program)
Agent under the at-the-market equity distribution agreement · Asset Management / Split-Share Fund
Prime Dividend Corp. renewed its at-the-market equity program, with sales made under an equity distribution agreement dated September 9, 2026.
Sep 9, 2026
CGI Inc.
Lead agent · Technology
CGI priced a C$500 million private placement of senior unsecured notes in two C$250 million series (3.25-year and 4.75-year) to repay debt and for general corporate purposes.
Sep 9, 2026
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.
Sep 9, 2026
Fortis Inc. US$1 billion fixed-to-fixed rate junior subordinated notes due 2057
Underwriter (co-manager) · Utilities
Fortis priced two US$500 million tranches of hybrid junior subordinated notes (6.625% and 6.875%, both due 2057) to repay maturing debt and for general corporate purposes.
Sep 8, 2026
Fairstone Bank of Canada
Co-manager · Financial Services
Fairstone Bank closed a $500 million offering of 4.310% three-year senior unsecured deposit notes, upsized from a $400 million minimum after about $1.7 billion of orders.
Sep 8, 2026
Headwater Exploration Inc.
Exclusive financial advisor to Tamarack; fairness opinion to the Tamarack board · Oil & Gas
Buyer Tamarack Valley Energy Ltd.
Tamarack Valley and Headwater agreed to merge in an all-stock transaction valued at $10 billion, creating a Clearwater-focused oil producer and spinning out a new exploration company.
Sep 4, 2026
Premium Income Corporation (at-the-market equity program)
Agent under the at-the-market equity distribution agreement · Asset Management / Split-Share Fund
Premium Income Corporation set up an at-the-market program to issue Class A and preferred shares on the TSX from time to time until October 2, 2028, under an equity distribution agreement dated September 3, 2026.
Aug 11, 2026
H&R Real Estate Investment Trust
Exclusive financial advisor to the independent trustees; independent fairness opinion and formal valuations · Real Estate
Buyer GO Residential REIT-led consortium (incl. Blackstone Real Estate funds, Crestpoint, PSP Investments and CRAL)
H&R REIT agreed to sell all of its assets to GO Residential REIT and a consortium of co-purchasers by plan of arrangement for $4.28 cash plus 0.5688 GO REIT units per unit, a transaction valued at about $6.7 billion.
Aug 5, 2026
Private oil and gas producer (undisclosed)
Exclusive financial advisor to the vendor; fairness opinion · Oil & Gas
Buyer InPlay Oil Corp.
InPlay Oil agreed to acquire a private light-oil producer for $54.25 million in cash, adding about 1,400 boe/d.
Jul 31, 2026
Żabka Group
Joint bookrunner on acquisition debt facilities · Retail
Buyer Alimentation Couche-Tard Inc.
Couche-Tard launched a voluntary tender offer at PLN 32.00 per share for Polish convenience retailer Żabka after agreeing to acquire a controlling stake, an equity value of about PLN 32.6 billion (US$8.6 billion).
Jul 7, 2026
Plaza Retail REIT
Co-financial advisor to Axia · Real Estate
Buyer Axia Real Assets LP
Axia Real Assets disclosed a fully financed non-binding proposal to acquire Plaza Retail REIT at $5.28 per unit in cash, valuing the REIT at about $1.23 billion including debt.
Apr 16, 2026
Sweetwater Royalties (92% interest)
Financial advisor to URC · Mining Royalties
Buyer Uranium Royalty Corp. · Seller Orion Resource Partners and Ontario Teachers' Pension Plan
Uranium Royalty agreed to combine with Sweetwater Royalties, acquiring a 92% interest from Orion and Ontario Teachers' at an implied 100% enterprise value of about US$1.9 billion, paid in cash and new URC shares.
Apr 2026
Lumina Metals Corp.
Co-lead underwriter and joint bookrunner · Mining
Lumina Metals closed an upsized TSX initial public offering and secondary offering at $12.50 per share for total gross proceeds of about $406 million.
Feb 10, 2026
Reconeyez (and VOSKER senior debt financing)
Sole bookrunner, co-lead arranger and administrative agent on US$200M senior debt · Security Technology
Buyer VOSKER
VOSKER acquired AI surveillance company Reconeyez and closed US$200 million of senior debt financing to support its growth.
Feb 2, 2026
Foran Mining Corporation
Financial advisor to Foran · Mining
Buyer Eldorado Gold Corporation
Eldorado Gold agreed to combine with Foran Mining in a share transaction implying an equity value for Foran of about C$3.8 billion.
Feb 2026
Logan Energy Corp. (common share offering)
Sole bookrunner and co-lead underwriter · Oil & Gas
Logan Energy upsized its bought-deal equity offerings to $65 million due to excess demand.
Dec 23, 2025
GDI Integrated Facility Services Inc.
Financial advisor to Birch Hill · Business Services (Facility Services)
Buyer Birch Hill Equity Partners and Gestion Claude Bigras
Birch Hill and Claude Bigras agreed to take GDI private at $36.60 per share in cash.
Dec 18, 2025
Iron Mine Contracting (IMC)
Financial advisor to NACG · Mining Services
Buyer North American Construction Group Ltd.
NACG agreed to acquire Western Australian mining contractor Iron Mine Contracting in a transaction valued at approximately $115 million (currency not restated in the release).
Dec 15, 2025
WSP Global Inc.
Joint bookrunner · Engineering Services
Bought-deal offering of common shares for gross proceeds of $732 million, announced alongside the TRC acquisition, with a concurrent private placement to La Caisse.
Dec 8, 2025
Gold Royalty Corp.
Joint bookrunner · Mining (Royalties)
US$70.0 million bought-deal financing announced December 8, 2025 and subsequently upsized.
Dec 2, 2025
Laurentian Bank of Canada
Financial advisor to Buyer (Fairstone Bank) · Banking
Buyer Fairstone Bank of Canada
Fairstone agreed to buy Laurentian Bank for C$40.50 per share in cash, while National Bank separately agreed to take over Laurentian's retail, SME and syndicated loan portfolios. Regulatory approvals were received in June 2026 with closing expected in late 2026.
Dec 2025
Premium Brands Holdings Corporation
Co-lead underwriter · 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.
Nov 19, 2025
Brookfield Corporation
Joint bookrunner · Asset Management / Diversified
Bought-deal issue of 8,000,000 Class A Preference Shares, Series 54 (C$200 million, up to C$250 million with option).
Nov 17, 2025
Islander Oil & Gas roadway infrastructure (Seal Lake Road and East Chip Road)
Financial advisor to Islander · Energy Infrastructure
Buyer Canadian Resource Roadways (CRR) · Seller Islander Oil & Gas Inc.
CRR agreed to acquire 53 km of resource roadway serving Islander's Chipmunk heavy oil project in Alberta.
Nov 3, 2025
New Gold Inc.
Financial advisor to New Gold; fairness opinion to the board · Mining & Metals
Buyer Coeur Mining, Inc.
Coeur agreed to acquire New Gold by plan of arrangement in an all-share deal implying an equity value of about $7 billion, creating an all-North American precious metals producer.
Oct 30, 2025
Boyd Group Services Inc.
Joint active bookrunner · Automotive Services
Private placement of C$525 million 5.50% senior unsecured notes due 2030 to help fund the Joe Hudson's acquisition.
Oct 28, 2025
Kiwetinohk Energy Corp.
Financial advisor to Kiwetinohk; fairness opinion to the board · 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.
Oct 15, 2025
Taseko Mines Limited
Joint bookrunner · Mining (Copper)
Bought-deal offering of common shares at US$4.05 (issue amount about US$150.3 million); gross proceeds reached US$170 million at closing.
Oct 8, 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).
Sep 4, 2025
EMX Royalty Corporation
Financial advisor to Elemental Altus · Mining & Metals (Royalties)
Buyer Elemental Altus Royalties Corp.
Elemental Altus agreed to acquire EMX by plan of arrangement to form Elemental Royalty Corp., supported by a US$100 million placement from Tether.
Aug 15, 2025
Osisko Development Corp.
Underwriter · Mining (Gold)
Underwritten offering under an underwriting agreement dated August 15, 2025 (date used is the agreement date).
Aug 11, 2025
Fairfax Financial Holdings Limited
Joint bookrunner · Insurance
Fairfax launched a C$700 million offering of senior notes.
Aug 1, 2025
Terrion LP (49.9% interest)
Assisted La Caisse on financing matters · Telecommunications Infrastructure (Towers)
Buyer La Caisse (CDPQ) · Seller TELUS Corporation
La Caisse agreed to acquire a 49.9% interest in Terrion, TELUS's newly formed wireless tower company, for about $1.26 billion, valuing Terrion at over $2.5 billion.
Jul 24, 2025
GO Residential Real Estate Investment Trust
Underwriter (syndicate member) · Real Estate (Multifamily REIT)
GO Residential REIT filed its final prospectus and completed a US$410 million IPO of trust units at US$15.00 (date is the final prospectus announcement).
Jul 7, 2025
Sandstorm Gold Ltd. and Horizon Copper Corp.
Financial advisor to the special committee; fairness opinion · Mining & Metals (Royalties/Streaming)
Buyer Royal Gold, Inc.
Royal Gold agreed to acquire Sandstorm in an all-share deal valued at about $3.5 billion, and concurrently Horizon Copper in an all-cash deal of about $196 million.
Jun 17, 2025
Plains' Canadian NGL business
Joint bookrunner, $1.8 billion bought-deal subscription receipt offering · Energy - Midstream
Buyer Keyera Corp. · Seller Plains All American
Keyera agreed to acquire Plains' Canadian natural gas liquids business for $5.15 billion, partly funded by a $1.8 billion bought-deal offering of subscription receipts.
Jun 12, 2025
Perpetua Resources Corp.
Co-lead underwriter, bought deal · Mining - Gold/Antimony
Perpetua Resources upsized its bought-deal offering to about US$325 million of common shares at US$13.20.
May 27, 2025
InterRent Real Estate Investment Trust
Independent fairness opinion and formal valuation to the special committee · Real Estate - Multifamily REIT
Buyer CLV Group and GIC
CLV Group, in partnership with GIC, agreed to acquire InterRent REIT for $13.55 per unit in cash in a roughly $4 billion transaction.
May 14, 2025
Hardisty Rail Terminal
Financial advisor to Strathcona on the Hardisty Rail Terminal acquisition · Energy - Midstream
Buyer Strathcona Resources Ltd.
Alongside its Montney sales, Strathcona agreed to acquire the Hardisty Rail Terminal, the largest crude-by-rail terminal in Western Canada.
May 11, 2025
MAG Silver Corp.
Exclusive financial advisor to Pan American · Mining - Silver
Buyer Pan American Silver Corp.
Pan American agreed to acquire MAG Silver, owner of an interest in the Juanicipio silver mine joint venture, for total consideration of about US$2.1 billion ($20.54 per share) in cash and shares.
May 7, 2025
Willow Biosciences Inc. (to become Atlas Energy Corp.)
Co-financial advisor to the new executive team · Energy - Oil & Gas E&P
Willow Biosciences agreed to a $30.0 million recapitalization financing with a new executive team, transforming it into Atlas Energy Corp.
Apr 22, 2025
Orogen Royalties Inc.
Financial advisor to Orogen; fairness opinion to the board · Mining - Royalties & Streams
Buyer Triple Flag Precious Metals Corp.
Triple Flag agreed to acquire Orogen and its 1.0% NSR royalty on the Expanded Silicon gold project for about C$421 million in cash, shares and Orogen Spinco shares.
Apr 16, 2025
Allied Gold Corporation
Co-lead underwriter and co-lead bookrunner · Mining - Gold
Allied Gold announced a C$80 million bought-deal public offering alongside a concurrent block trade by a significant shareholder.
Mar 26, 2025
The Reject Shop Limited
Financial advisor to Dollarama · Consumer - Discount Retail
Buyer Dollarama Inc.
Dollarama agreed to acquire Australian discount retailer The Reject Shop for A$6.68 per share in cash, valuing its equity at about A$259 million (C$233 million).
Mar 10, 2025
Veren Inc.
Financial advisor to Whitecap; fairness opinion to Whitecap · Energy - Oil & Gas E&P
Buyer Whitecap Resources Inc.
Whitecap and Veren agreed to an all-share combination, described as a $15 billion transaction (combined enterprise value), creating a large Alberta Montney and Duvernay light oil and condensate producer.
Feb 25, 2025
50% of Allied Gold's interest in Allied Gold ML Corp. (Sadiola mine holding company)
Financial advisor to Allied · Mining - Gold
Buyer Ambrosia Investment Holding · Seller Allied Gold Corporation
Allied Gold formed a strategic partnership with UAE-based Ambrosia, selling half of its interest in the Sadiola mine holding company and issuing a C$156.6 million private placement, for estimated aggregate proceeds of over US$500 million.
Feb 23, 2025
Calibre Mining Corp.
Fairness opinion to the Calibre board · Mining - Gold
Buyer Equinox Gold Corp.
Equinox Gold and Calibre agreed to an at-market all-share combination, with Equinox and Calibre shareholders owning about 65% and 35% of the combined company.
Feb 19, 2025
Obsidian Energy's operated Pembina Cardium assets
Financial advisor to InPlay · Energy - Oil & Gas E&P
Buyer InPlay Oil Corp. · Seller Obsidian Energy Ltd.
Obsidian agreed to sell its operated Pembina Cardium assets to InPlay for $320 million in cash, InPlay shares and a unit interest (about $309 million before adjustments per InPlay), funded partly by a bought-deal subscription receipt offering and new credit facilities.
Closed Feb 3, 2025
Canadian Western Bank
Lead of underwriting syndicate for the public offering · Banking
Buyer National Bank of Canada
To support its all-share acquisition of Canadian Western Bank (about C$5 billion), National Bank raised C$1 billion via a public subscription-receipt offering and a concurrent private placement to a CDPQ affiliate; the acquisition closed in February 2025.
Oct 25, 2024
Whitecap Resources Inc.
Agent · Oil & Gas (E&P)
Whitecap priced an inaugural C$400 million offering of 4.382% investment-grade senior unsecured notes due 2029.
Sep 12, 2024
Doman Building Materials Group Ltd.
Co-manager · Building materials distribution
Doman priced C$265 million of 7.50% senior unsecured notes due 2029 through an underwritten offering.
Sep 5, 2024
Gatos Silver, Inc.
Exclusive financial advisor to First Majestic · Mining (silver)
Buyer First Majestic Silver Corp.
First Majestic agreed to acquire Gatos Silver, owner of a 70% interest in the Cerro Los Gatos mine in Mexico, in an all-share deal with an equity value of about US$970 million.
Aug 19, 2024
i3 Energy plc
Financial adviser to i3 · Oil & Gas (E&P)
Buyer Gran Tierra Energy Inc.
Gran Tierra agreed a recommended cash-and-share acquisition of i3 Energy by scheme of arrangement, valuing i3 at about £174.1 million (US$225.4 million).
Aug 12, 2024
POWER Engineers, Inc.
Joint bookrunner of concurrent public offering · Engineering & Consulting
Buyer WSP Global Inc.
WSP agreed to acquire U.S. power and energy consultancy POWER Engineers for US$1.78 billion, financed partly through a bought deal public offering, private placements with CDPQ and others, and committed credit facilities.
Jul 29, 2024
Filo Corp.
Fixed-fee fairness opinion to the special committee and board · Mining (copper)
Buyer BHP and Lundin Mining Corporation
BHP and Lundin Mining agreed to acquire all Filo shares they did not already own for C$33.00 per share via plan of arrangement, valuing Filo at about C$4.5 billion, and to form a 50/50 joint venture for the Filo del Sol and Josemaria projects.
Jul 15, 2024
Foran Mining Corporation
Co-lead agent and joint bookrunner (brokered private placement) · Mining (copper-zinc)
Foran announced a financing package of up to C$315 million, including strategic investments by Fairfax and Agnico Eagle and a brokered private placement of up to C$222 million of common and flow-through shares, plus an upsized Sprott project credit facility, to fund McIlvenna Bay construction.
Jul 11, 2024
Héroux-Devtek Inc.
Financial advisor to the company and special committee; fairness opinion · Aerospace & Defence
Buyer Platinum Equity
Platinum Equity agreed to take Héroux-Devtek private for C$32.50 per share in cash, an enterprise value of about C$1.35 billion, with senior management rolling over part of their shares.
Jun 17, 2024
iA Financial Corporation Inc.
Co-lead agent · Insurance
iA Financial announced a $350 million offering of 6.921% Limited Recourse Capital Notes Series 2024-1.
Jun 13, 2024
Sagicor Financial Company Ltd.
Co-lead agent · Insurance
Sagicor priced a C$250 million Canadian private placement of 6.359% senior unsecured notes due 2029.
Jun 11, 2024
Canadian Western Bank
Lead financial advisor to National Bank; lead underwriter of the subscription receipt bought deal · Banking
Buyer National Bank of Canada
National Bank agreed to acquire CWB in an all-share exchange valuing CWB at about $5.0 billion, with a concurrent $1 billion subscription receipt financing (a $500 million bought deal plus a private placement to CDPQ).
Jun 5, 2024
ADENTRA Inc.
Co-bookrunner · Building Products Distribution
ADENTRA agreed a bought deal of 2,246,000 shares at $38.75 for about $87 million.
May 21, 2024
Volatus Aerospace Corp.
Exclusive financial advisor to Drone Delivery Canada; fairness opinion to its board · Aerospace / Drones
Buyer Drone Delivery Canada Corp.
Drone Delivery Canada and Volatus agreed to a merger of equals by plan of arrangement, with Volatus holders receiving 1.785 DDC shares each and each side owning about 50% of the combined company.
May 21, 2024
IAMGOLD Corporation
Bookrunner · Mining (Gold)
IAMGOLD agreed a US$300 million bought deal of 72 million shares at US$4.17 to fund the repurchase of a 9.7% interest in the Côté Gold mine from Sumitomo Metal Mining.
May 14, 2024
CES Energy Solutions Corp.
Co-manager · Oilfield Services
CES agreed to sell $200 million of 6.875% senior unsecured notes due 2029 by private placement.
May 6, 2024
Flat Lake and Battrum assets (southeast and southwest Saskatchewan)
Strategic advisor to Crescent Point (Flat Lake sale) · Oil & Gas
Buyer Saturn Oil & Gas Inc. · Seller Crescent Point Energy Corp.
Crescent Point agreed to sell non-core Saskatchewan assets, including Flat Lake and Battrum, to Saturn for $600 million in cash (Saturn described a $525 million acquisition); Saturn funded it with a Goldman Sachs debt commitment, a new RBL and a $100 million bought deal.
Apr 23, 2024
Greenstone Gold Mine GP Inc. (Orion 40% interest)
Joint bookrunner, concurrent bought deal equity offering · Mining (Gold)
Buyer Equinox Gold Corp. · Seller Orion Mine Finance funds
Equinox agreed to buy Orion's 40% interest in the Greenstone mine for US$995 million in cash and shares, funded partly by a new US$500 million term loan and a bought deal equity offering.
Feb 22, 2024
Cogeco Communications Inc.
Co-lead manager · Telecommunications
Cogeco Communications priced $275 million of 6.125% senior unsecured notes due 2029 through an agency syndicate.
Feb 20, 2024
H&R Real Estate Investment Trust
Co-lead agent and bookrunner · Real Estate
H&R REIT agreed to sell $250 million of Series T senior unsecured debentures on a private placement best-efforts agency basis.
Feb 12, 2024
TMX Group Limited
Lead agent · Exchanges / Financial Services
TMX priced a $1.1 billion Canadian private placement of senior unsecured debentures in three series (2029, 2032 and a longer series).
Feb 6, 2024
Dream Summit Industrial LP
Lead agent · Real Estate (Industrial)
Dream Summit Industrial priced a C$250 million private placement of 5.111% Series E senior unsecured debentures due 2029.
Feb 5, 2024
NOVA Chemicals Corporation
Joint bookrunner · Chemicals
NOVA Chemicals priced a private offering of $650 million of 9% senior unsecured notes due 2030 to refinance its 2024 notes, alongside a tender offer.
Feb 1, 2024
Capstone Copper Corp.
Joint bookrunner · Mining (Copper)
Seller Orion Mine Finance funds (secondary portion)
Capstone and selling shareholder Orion agreed a combined treasury and secondary bought deal of 59.52 million shares at C$6.30 for about C$375 million.
Jan 30, 2024
SEA Electric Inc.
Exclusive financial advisor to Exro · Electric Vehicles / Cleantech
Buyer Exro Technologies Inc.
Exro agreed to acquire SEA Electric, combining their e-mobility propulsion technologies, alongside about C$30 million of subscription receipts on a bought deal basis.
Jan 17, 2024
Dye & Durham Limited
Underwriter (syndicate member) · Legal Technology
Dye & Durham agreed a bought deal of 10.4 million shares at C$12.10 (about $126 million); with the over-allotment exercised it closed at about $145 million.
Nov 13, 2023
Q4 Inc.
Exclusive financial advisor to Sumeru · Technology / Software
Buyer Sumeru Equity Partners
Sumeru Equity Partners agreed to take investor-relations software firm Q4 private for $6.05 per share, an equity value of about $257 million, with founders rolling equity.
Nov 13, 2023
Marathon Gold Corporation
Capital markets advisor to Marathon · Mining
Buyer Calibre Mining Corp.
Calibre agreed to acquire Marathon Gold, developer of the Valentine gold project, in an all-share deal worth about C$345 million, plus a C$40 million concurrent financing.
Oct 24, 2023
CAE Healthcare
Exclusive financial advisor to CAE · Healthcare / Simulation
Buyer Madison Industries · Seller CAE Inc.
CAE agreed to sell its Healthcare simulation business to Chicago-based Madison Industries for an enterprise value of C$311 million.
Sep 21, 2023
Alimentation Couche-Tard Inc. (C$800 million 5.592% Series 7 senior unsecured notes due 2030)
Joint bookrunner · Retail / Convenience
Couche-Tard priced a C$800 million private placement of 5.592% senior unsecured notes due 2030 to repay debt and for general purposes.
Jul 26, 2023
MacKellar Group
Exclusive financial advisor to NACG · Industrials / Mining Services
Buyer North American Construction Group Ltd.
NACG agreed to acquire Australian heavy earthworks contractor MacKellar Group for an estimated $395 million.
Jul 11, 2023
TransAlta Renewables Inc. (shares not owned by TransAlta)
Independent financial advisor to the RNW special committee; fairness opinion · Power & Renewables
Buyer TransAlta Corporation
TransAlta agreed to acquire the publicly held shares of its subsidiary TransAlta Renewables for cash and shares valued at about $1.38 billion, simplifying its structure.
Jun 19, 2023
Rockcliff Metals Corp.
Financial advisor to Hudbay · Mining
Buyer Hudbay Minerals Inc.
Hudbay agreed to acquire Rockcliff to consolidate the Snow Lake camp, at an enterprise value to Hudbay of about US$13 million net of cash.
Mar 16, 2023
TotalEnergies retail assets in Germany, the Netherlands, Belgium and Luxembourg
Co-lead arranger and joint bookrunner, new term loan · Retail / Convenience
Buyer Alimentation Couche-Tard Inc. · Seller TotalEnergies SE
Couche-Tard made a firm offer to acquire TotalEnergies retail networks in Germany, the Netherlands, Belgium and Luxembourg for about EUR 3.1 billion, financed partly with a new term loan.
Feb 13, 2023
Sabina Gold & Silver Corp.
Financial advisor to B2Gold · Mining
Buyer B2Gold Corp.
B2Gold agreed to acquire Sabina, owner of the Back River gold project in Nunavut, in an all-share deal with a total equity value of about C$1.1 billion.
Dec 7, 2022
La Parrilla Silver Mine
Financial advisor to First Majestic · Mining (Silver)
Buyer Golden Tag Resources Ltd. · Seller First Majestic Silver Corp.
First Majestic agreed to sell its past-producing La Parrilla silver mine in Durango to Golden Tag for up to US$33.5 million, mostly in Golden Tag shares.
Nov 10, 2022
Maverix Metals Inc.
Financial advisor to Triple Flag · Mining (Royalties & Streams)
Buyer Triple Flag Precious Metals Corp.
Triple Flag agreed to acquire royalty company Maverix by plan of arrangement, implying an equity value of about US$606 million.
Nov 2022
Yamana Gold Inc.
Independent financial advisor; fairness opinion to the board · Mining (Gold)
Buyer Pan American Silver Corp. and Agnico Eagle Mines Limited
Pan American agreed to acquire Yamana while Agnico Eagle bought Yamana's Canadian assets, including its interest in Canadian Malartic, by plan of arrangement. The proposal superseded the Gold Fields agreement; the arrangement agreement was signed on November 8.
Sep 26, 2022
Hammerhead Resources Inc.
Strategic advisor to Hammerhead · Oil & Gas
Buyer Decarbonization Plus Acquisition Corporation IV
Montney producer Hammerhead agreed to go public through a business combination with SPAC Decarbonization Plus Acquisition Corporation IV.
Sep 12, 2022
Deltastream Energy Corporation
Co-financial advisor to Deltastream · Oil & Gas
Buyer Tamarack Valley Energy Ltd.
Tamarack agreed to buy private Clearwater oil producer Deltastream for $1.425 billion of cash, deferred payment and shares, funded partly by new term debt and sustainability-linked notes.
Sep 1, 2022
Nevada Gold Mines royalty package
Financial advisor to Gold Royalty · Mining (Royalties)
Buyer Gold Royalty Corp. · Seller Nevada Gold Mines LLC
Gold Royalty agreed to acquire royalties on Nevada properties from Nevada Gold Mines for US$27.5 million paid in Gold Royalty shares.
Jul 6, 2022
Crescent Point non-core assets
Financial advisor to Crescent Point · Oil & Gas
Seller Crescent Point Energy Corp.
Crescent Point disclosed non-core asset dispositions generating about $300 million of proceeds, which went to debt reduction.
May 2, 2022
Nomad Royalty Company Ltd.
Financial advisor to the special committee; fairness opinion · Mining (Royalties & Streams)
Buyer Sandstorm Gold Ltd.
Sandstorm agreed to acquire Nomad by plan of arrangement at an implied equity value of about US$590 million.
Mar 8, 2022
Intertape Polymer Group Inc.
Independent financial advisor; fixed-fee fairness opinion to the board · Packaging
Buyer Clearlake Capital Group, L.P.
Clearlake agreed to acquire Intertape Polymer for C$40.50 per share in cash in a US$2.6 billion transaction by plan of arrangement.
Nov 17, 2021
Definity Financial Corporation
Co-manager · Insurance (Property & Casualty)
Definity priced its demutualization IPO of 63.6 million common shares at $22, together with cornerstone private placements, for about $2.1 billion in total.
Nov 17, 2021
Coveo Solutions Inc.
Underwriter (syndicate member) · Technology (Software)
Coveo priced its TSX initial public offering of 14.34 million subordinate voting shares at C$15.00, raising C$215.1 million.
Nov 3, 2021
D2L Inc.
Underwriter (syndicate member) · Technology (Education Software)
D2L completed its TSX initial public offering of 8.825 million subordinate voting shares at $17.00 for gross proceeds of about $150 million.
Nov 2, 2021
E Automotive Inc.
Lead underwriter · Technology (Automotive Marketplace)
E Automotive priced its upsized TSX IPO of 5.9 million common shares at C$23.00 for gross proceeds of C$135.7 million.
Oct 24, 2021
Cominar Real Estate Investment Trust
Financial advisor and fairness opinion to the REIT · Real Estate (Diversified REIT)
Buyer Iris Acquisition II LP (consortium led by Canderel)
A Canderel-led consortium agreed to acquire Cominar for $11.75 per unit in cash (about $5.7 billion), with Mach Capital buying about $1.5 billion of properties as part of the deal, ending Cominar's strategic review.
Jun 22, 2021
Astra Oil Corp.
Exclusive financial advisor to Astra · Oil & Gas (Exploration & Production)
Buyer Surge Energy Inc.
Surge agreed to acquire southeast Saskatchewan light oil producer Astra Oil by arrangement for about $160 million.
May 27, 2021
Softchoice Corporation
Underwriter (syndicate member) · Technology (IT Services)
Softchoice priced its initial public offering of 17.5 million common shares at C$20.00 for gross proceeds of C$350 million.
May 18, 2021
Neighbourly Pharmacy Inc.
Underwriter (syndicate member) · Health Care (Pharmacy)
Neighbourly priced its IPO of 10.3 million common shares at $17.00 for gross proceeds of about $175 million, upsized from $150 million.
Apr 27, 2021
Magnet Forensics Inc.
Underwriter (syndicate member) · Technology (Digital Forensics Software)
Magnet Forensics priced its TSX IPO of 5.89 million subordinate voting shares at C$17.00 for gross proceeds of about C$100.1 million.
Apr 21, 2021
Thinkific Labs Inc.
Underwriter (syndicate member) · Technology (Software)
Thinkific priced its IPO of 12.31 million subordinate voting shares at $13.00 for gross proceeds of about $160 million.
Apr 12, 2021
LendCare Capital
Financial advisor to LendCare · Financial Services (Consumer Lending)
Buyer goeasy Ltd.
goeasy agreed to acquire point-of-sale lender LendCare for $320 million, alongside a $130 million bought-deal offering of subscription receipts.
Mar 23, 2021
Dialogue Health Technologies Inc.
Joint bookrunner · Health Care (Virtual Care)
Dialogue priced its IPO of 8.33 million common shares at $12.00 for treasury proceeds of about $100 million.
Mar 5, 2021
Clearwater and waterflood assets (Provost and Nipisi, Alberta)
Financial advisor on the GORR and the corporate acquisition; co-lead of the bought deal · Oil & Gas (Exploration & Production)
Buyer Tamarack Valley Energy Ltd.
Tamarack agreed to asset and corporate acquisitions in the Clearwater play totalling about $135.3 million net of a royalty disposition, funded partly by a $55 million bought-deal equity financing.
Feb 24, 2021
Farmers Edge Inc.
Joint bookrunner · Technology (Agtech)
Farmers Edge priced its TSX IPO of 7.35 million common shares at $17.00 for gross proceeds of about $125 million.
Feb 2, 2021
TELUS International (Cda) Inc.
Underwriter (syndicate member) · Technology (Digital Customer Experience)
TELUS International priced its NYSE/TSX initial public offering of 37 million subordinate voting shares (treasury and secondary) at US$25.00, totalling US$925 million.
Dec 8, 2020
TORC Oil & Gas Ltd.
Exclusive financial advisor to Whitecap; fairness opinion to the Whitecap board · Oil & Gas
Buyer Whitecap Resources Inc.
Whitecap and TORC agreed an at-market, all-stock business combination valued at about $900 million including TORC's net debt.
Dec 3, 2020
Golder Associates
Sole financial advisor to WSP · Engineering & Consulting
Buyer WSP Global Inc.
WSP agreed to acquire environmental consultancy Golder for US$1.14 billion (about C$1.5 billion) in cash, funded with C$310 million of subscription receipt private placements and US$960 million of underwritten bank financing.
Sep 25, 2020
AST Investor Services Inc. (Canada) and AST Trust Company (Canada)
Exclusive financial advisor to TMX Group · Financial Services
Buyer TMX Group Limited · Seller Armor Holdco, Inc. (Pacific Equity Partners portfolio company)
TMX Group agreed to acquire AST's Canadian transfer agency and corporate trust business for $165 million in total consideration.
Sep 17, 2020
Nuvei Corporation
Underwriter · Fintech / Payments
Nuvei priced its TSX initial public offering of 26.9 million subordinate voting shares at US$26 (about US$700 million); with a concurrent private placement, total proceeds at closing were US$833 million.
Sep 15, 2020
Cominar Real Estate Investment Trust
Financial advisor on the strategic review · Real Estate
Cominar's board launched a formal strategic review overseen by a special committee of independent trustees, retaining two banks as financial advisors.
Aug 11, 2020
Boralex Inc.
Sole bookrunner · Power & Renewables
Boralex agreed a $175 million bought deal public offering of common shares at $33.10 per share.
Jul 2020
StorageVault Canada Inc.
Co-lead joint bookrunner · Real Estate / Self Storage
StorageVault closed a $75 million bought deal offering of 5.75% senior unsecured hybrid debentures.
Jun 25, 2020
Premium Brands Holdings Corporation
Joint bookrunner · Food
Premium Brands announced about $300 million of new capital: a $120 million bought deal of common shares, $150 million of convertible unsecured subordinated debentures and a $30 million private placement.
Jun 1, 2020
WSP Global Inc.
Joint bookrunner · Engineering & Consulting
WSP announced a $437 million public offering of common shares plus a concurrent $64 million private placement with CDPQ and CPP Investments.
May 11, 2020
Alacer Gold Corp.
Exclusive financial advisor to SSR Mining; fairness opinion to the SSR board · Mining (Gold)
Buyer SSR Mining Inc.
SSR Mining and Alacer Gold agreed an at-market merger of equals by plan of arrangement, with a combined market capitalization of about US$4.0 billion; completed in September 2020.
Apr 28, 2020
Boyd Group Services Inc.
Co-lead and joint bookrunner · Automotive Services
Boyd Group agreed a bought deal of 1.1 million common shares at $183.00 for gross proceeds of about C$200 million.
Mar 23, 2020
SEMAFO Inc.
Fairness opinion to the SEMAFO special committee · Mining (Gold)
Buyer Endeavour Mining Corporation
Endeavour Mining agreed to combine with SEMAFO in an all-share plan of arrangement implying an equity value for SEMAFO of about C$1.0 billion; completed in July 2020.
Feb 25, 2020
GFL Environmental Inc.
Co-manager · Environmental Services
GFL Environmental priced its initial public offering of subordinate voting shares at US$19.00 together with a concurrent tangible equity unit offering, about US$2.2 billion in total.
Feb 20, 2020
Northview Apartment Real Estate Investment Trust
Financial advisor, independent valuator and fairness opinion to the special committee · Real Estate
Buyer Starlight Investments and KingSett Capital
Starlight and KingSett agreed to acquire Northview Apartment REIT for $36.25 per unit in a transaction valued at about $4.8 billion; completed in November 2020 at about $4.9 billion including net debt.
Feb 10, 2020
Great Canadian Gaming Corporation
Syndicate underwriter · Gaming & Leisure
Great Canadian announced a $180 million bought deal of 5.25% senior unsecured debentures due 2026 alongside a substantial issuer bid for up to $500 million of its shares.
Feb 6, 2020
Innergex Renewable Energy Inc.
Financial advisor to Innergex · Power & Renewables
Buyer Hydro-Québec
Hydro-Québec agreed to a $661 million private placement in Innergex as part of a strategic alliance to co-invest in renewable energy projects.
Jan 20, 2020
Granite Oil Corp.
Co-financial advisor to Granite; fairness opinion · Oil & Gas
Buyer International Petroleum Corporation
International Petroleum Corporation agreed to acquire Granite Oil for $0.95 per share in cash, valuing Granite at about $79.7 million including net debt.
Dec 3, 2019
SilverCrest Metals Inc.
Co-lead underwriter · Mining (Silver)
SilverCrest agreed to a bought deal of 11,000,000 common shares at C$7.28.
Nov 25, 2019
Fortis Inc.
Underwriter · Power & Utilities
Fortis announced a C$1.1 billion common share offering: a C$600 million bought deal plus a concurrent C$500 million placement with an institutional investor.
Oct 1, 2019
Docebo Inc.
Underwriter · Technology (Software)
Docebo priced its TSX IPO of 4,687,500 common shares at C$16.00 for gross proceeds of C$75 million.
Sep 23, 2019
Barkerville Gold Mines Ltd.
Exclusive financial advisor to the acquirer · Mining (Gold)
Buyer Osisko Gold Royalties Ltd
Osisko agreed to acquire the Barkerville shares it did not own in an all-share deal implying C$0.58 per share and a total equity value of about C$338 million.
Sep 3, 2019
Uinta Basin assets and non-core southeast Saskatchewan assets
Financial advisor to the seller (Saskatchewan asset sales) · Energy (Oil & Gas)
Buyer Undisclosed buyers · Seller Crescent Point Energy Corp.
Crescent Point agreed to sell its Uinta Basin asset and certain southeast Saskatchewan conventional assets for total cash of about $912 million.
Aug 15, 2019
Lightspeed POS Inc. (secondary offering)
Joint bookrunner · Technology (Software)
Seller DHIDasilva Holdings, CDPQ, Inovia Capital and management
Selling shareholders sold 5,399,602 Lightspeed subordinate voting shares at $35.00 per share in a marketed secondary offering.
Jun 27, 2019
Transat A.T. Inc.
Financial advisor to Transat; fairness opinion · Airlines & Travel
Buyer Air Canada
Air Canada agreed to acquire Transat for $13 per share (about $520 million); the price was raised in August 2019 to $18 per share (about $720 million).
May 14, 2019
Corus Entertainment Inc. Class B shares (secondary offering)
Underwriter · Media & Telecom
Seller Shaw Communications Inc.
Shaw sold its 80.6 million Corus Class B shares through a secondary offering for gross proceeds of about $548 million.
Mar 29, 2019
Bellatrix Exploration Ltd.
Financial advisor to the company · Energy (Oil & Gas)
Bellatrix proposed a recapitalization exchanging senior unsecured notes and convertible debentures to cut debt by about C$110 million.
Mar 7, 2019
Lightspeed POS Inc.
Lead underwriter and joint bookrunner · Technology (Software)
Lightspeed priced its upsized TSX initial public offering of 15,000,000 subordinate voting shares at C$16 for gross proceeds of C$240 million.
Sep 20, 2018
Nuna Logistics Limited (49% interest)
Financial advisor to NACG · Construction
Buyer North American Construction Group Ltd. · Seller Private selling shareholders
North American Construction Group agreed to buy a 49% interest in Edmonton-based civil construction and contract mining firm Nuna Logistics for $42.5 million in cash.
Aug 1, 2018
Enercare Inc.
Financial advisor to Enercare; fairness opinion to the board · Utilities & Home Services
Buyer Brookfield Infrastructure and institutional partners
Brookfield Infrastructure agreed to acquire Enercare for C$29.00 per share in cash and units, a transaction valued at C$4.3 billion including debt.
Jun 18, 2018
Raging River Exploration Inc.
Advisor to the Raging River special committee · Energy
Buyer Baytex Energy Corp.
Baytex and Raging River agreed to an all-share combination by plan of arrangement, creating an oil-weighted producer with an enterprise value of about $5 billion operating under the Baytex name.
Apr 24, 2018
Mitel Networks Corporation
Independent financial advisor and fixed-fee fairness opinion to the Mitel board · Technology
Buyer Searchlight Capital Partners (investor group)
An investor group led by Searchlight Capital agreed to take Mitel private for US$11.15 per share in cash, valued at about US$2.0 billion including net debt.
Dec 11, 2017
Pure Technologies Ltd.
Exclusive financial advisor to the special committee · Technology (Infrastructure Monitoring)
Buyer Xylem Inc.
Xylem agreed to acquire infrastructure monitoring company Pure Technologies in a transaction valued at about US$397 million.
Dec 5, 2017
Fiera Capital Corporation
Co-lead underwriter (shares and debentures) · Asset Management
Fiera Capital launched concurrent bought deals for about $150 million: $75 million of Class A shares and $75 million of 5.00% convertible debentures.
Oct 30, 2017
Alterra Power Corp.
Financial advisor to Alterra · Power & Renewables
Buyer Innergex Renewable Energy Inc.
Innergex agreed to acquire Alterra Power in a cash-and-share transaction valued at about $1.1 billion including Alterra's debt.
Oct 11, 2017
Alimentation Couche-Tard Inc. (shares held by Metro)
Joint bookrunner on the block trade · Retail
Buyer CDPQ / public investors / Couche-Tard · Seller METRO INC.
Metro agreed to sell most of its Couche-Tard holding for about $1.55 billion through a bought block trade, a private sale to CDPQ and a repurchase by Couche-Tard.
Oct 2, 2017
The Jean Coutu Group (PJC) Inc.
Financial advisor to Jean Coutu Group; fairness opinion · Retail (Grocery & Pharmacy)
Buyer METRO INC.
Metro agreed to acquire pharmacy chain Jean Coutu Group for $4.5 billion in cash and shares.
Jun 5, 2017
Orion Mine Finance royalty and stream portfolio
Financial advisor to Osisko · Mining (Royalties & Streams)
Buyer Osisko Gold Royalties Ltd · Seller Orion Mine Finance
Osisko Gold Royalties agreed to acquire a precious-metals royalty and stream portfolio from Orion Mine Finance for C$675 million in cash and C$450 million in Osisko shares.
Jan 11, 2017
Cerro Blanco gold-silver project (Guatemala)
Financial advisor to Goldcorp · Mining (Gold)
Buyer Bluestone Resources Inc. · Seller Goldcorp Inc.
Goldcorp agreed to sell its Cerro Blanco project to Bluestone for US$18 million cash at closing plus a royalty, Bluestone shares and a further US$15 million on commercial production.
Mar 7, 2016
Claude Resources Inc.
Financial advisor and fairness opinion to the Claude board · Mining
Buyer Silver Standard Resources Inc.
Silver Standard agreed to acquire Saskatchewan gold producer Claude Resources in a share deal implying an equity value of about C$337 million.
Jan 29, 2016
Great Lakes Power Transmission business
Financial advisor to Hydro One · Utilities
Buyer Hydro One Limited · Seller Brookfield Infrastructure
Hydro One agreed to acquire Brookfield Infrastructure's Great Lakes Power electricity transmission business near Sault Ste. Marie for $222 million in cash plus about $151 million of assumed debt.
Oct 2015
Hydro One Limited
Underwriter · Utilities
Seller Province of Ontario
The Province of Ontario sold common shares of Hydro One Limited in an initial public offering on the TSX underwritten by a 16-dealer syndicate.
Feb 17, 2015
Newstrike Capital Inc.
Financial advisor to Newstrike · Mining
Buyer Timmins Gold Corp.
Timmins Gold agreed to combine with Newstrike Capital by share exchange, a total transaction value of about C$140 million.
Dec 15, 2014
Enel Green Power France SAS
Exclusive M&A advisor to Boralex in Canada; lead underwriter of the C$110 million bought deal · Renewable Energy
Buyer Boralex Inc. · Seller Enel Green Power
Boralex agreed to acquire Enel Green Power France for total net consideration of C$400 million (€280 million), financed partly by a C$110 million bought-deal subscription receipt offering led by National Bank Financial.
Aug 26, 2014
Portfolio of 15 retail and office properties in Quebec and Ontario
Financial advisor to Cominar; co-lead underwriter of the $250 million bought deal · Real Estate
Buyer Cominar Real Estate Investment Trust · Seller Ivanhoé Cambridge Inc.
Cominar agreed to buy a 15-property portfolio from Ivanhoé Cambridge for $1.527 billion (up to $1.63 billion with third-party interests), funded partly by a $250 million bought-deal unit offering.
Jul 24, 2014
Contrans Group Inc.
Financial advisor to TransForce · Transportation & Logistics
Buyer TransForce Inc.
TransForce agreed to acquire trucking company Contrans by a board-supported take-over bid of $14.60 per share in cash, an equity value of about $495 million.
May 21, 2014
Sulliden Gold Corporation Ltd.
Independent fairness opinion to the special committee · Mining (Gold)
Buyer Rio Alto Mining Limited
Rio Alto and Sulliden agreed to combine, with Rio Alto acquiring Sulliden in an all-share deal with an implied value of about C$300 million and a SpinCo holding Sulliden's East Sullivan property.
Apr 16, 2014
Osisko Mining Corporation
Fairness opinion to Yamana · Mining (Gold)
Buyer Agnico Eagle Mines Limited and Yamana Gold Inc.
Agnico Eagle and Yamana agreed to jointly acquire Osisko Mining for about C$3.9 billion (C$8.15 per share in cash, shares and a spinco), defeating Goldcorp's hostile bid; Yamana's earlier April 2 agreement with Osisko was terminated.
Dec 30, 2013
Vitran Corporation Inc.
Financial advisor to TransForce · Transportation & Logistics
Buyer TransForce Inc.
TransForce agreed to acquire Vitran for US$6.50 per share in cash by plan of arrangement, a transaction valued at about US$136 million including net debt.
Dec 13, 2013
U.S. commercialization rights to EGRIFTA
Exclusive financial advisor to Theratechnologies · Healthcare / Pharmaceuticals
Buyer Theratechnologies Inc. · Seller EMD Serono
Theratechnologies agreed with EMD Serono to regain all rights under their 2008 collaboration, including U.S. commercialization of EGRIFTA, in exchange for royalties.
Jan 24, 2013
Alimentation Couche-Tard Inc. (10,000,000 Class B shares)
Underwriter of the block trade · Retail / Consumer
Seller Metro Inc.
Metro agreed to sell 10 million Alimentation Couche-Tard Class B shares, part of its holding, through a bought-deal block trade.
Apr 26, 2012
TransGlobe Apartment Real Estate Investment Trust
Financial advisor and independent valuator · Real Estate
Buyer Starlight Investments Ltd. (with PSP Investments)
Starlight, with PSP Investments, agreed to take TransGlobe Apartment REIT private for $14.25 per unit, subject to a 45-day go-shop.
Mar 16, 2012
Astral Media Inc.
Independent financial advisor to the special committee; fairness opinion · Telecom & Media
Buyer BCE Inc. (Bell)
Bell agreed to acquire Astral Media, Quebec's leading pay TV, radio and out-of-home media company, in a $3.38 billion transaction.
Nov 28, 2011
Canmarc Real Estate Investment Trust
Financial advisor to Cominar · Real Estate
Buyer Cominar Real Estate Investment Trust
Cominar announced an all-cash offer of $15.30 per unit for Canmarc REIT, later supported by Canmarc's special committee.
Nov 24, 2010
Canadian Satellite Radio Holdings Inc. (XM Canada)
Financial advisor to CSR · Media & Entertainment
Buyer Sirius Canada Inc.
Sirius Canada and XM Canada agreed to an all-stock merger of equals with a combined enterprise value of about $520 million.
Aug 30, 2010
AuEx Ventures Inc.
Financial advisor to Fronteer · Mining
Buyer Fronteer Gold Inc.
Fronteer Gold agreed to acquire AuEx Ventures by plan of arrangement for a fully diluted equity value of about $280.8 million.
Jul 15, 2010
Terrane Metals Corp.
Sole financial advisor to Terrane; fairness opinion · Mining
Buyer Thompson Creek Metals Company Inc.
Thompson Creek agreed to acquire Terrane Metals, owner of the Mt. Milligan project, for consideration of about C$650 million; Goldcorp supported the deal as controlling holder.
Apr 19, 2010
Provident Energy upstream business
Financial advisor to Midnight; fairness opinion · Energy
Buyer Midnight Oil Exploration Ltd. · Seller Provident Energy Trust
Provident agreed to combine its upstream business with Midnight Oil Exploration in a $460 million transaction, separating its upstream and midstream businesses.
Jun 9, 2009
San Andres, Sao Francisco and Sao Vicente mines
Financial advisor to Yamana · Mining
Buyer Aura Minerals Inc. · Seller Yamana Gold Inc.
Yamana agreed to sell three non-core mines in Honduras and Brazil to Aura Minerals for about US$200 million in cash, deferred cash and shares.
Nov 19, 2007
Canyon Resources Corporation
Financial advisor to Atna · Metals & Mining
Buyer Atna Resources Ltd.
Atna and Canyon agreed to combine, with Canyon becoming a wholly owned subsidiary of Atna.
May 10, 2007
Shiningbank Energy Income Fund
Financial advisor to Shiningbank; fairness opinion · Oil & Gas
Buyer PrimeWest Energy Trust
PrimeWest and Shiningbank agreed to merge, exchanging 0.62 PrimeWest units per Shiningbank unit.
May 3, 2007
Capitol Energy Resources Ltd.
Financial advisor to Provident · Oil & Gas
Buyer Provident Energy Trust
Provident agreed to make a C$8.16 per share cash offer for Capitol Energy, a total transaction value of C$508 million including net debt.
Aug 21, 2006
EuroZinc Mining Corporation
Financial advisor to EuroZinc; fairness opinion · Mining & Metals
Buyer Lundin Mining Corporation
EuroZinc and Lundin Mining agreed to merge, creating a copper-zinc producer with a market capitalization of about US$3.0 billion under the Lundin Mining name.
Aug 16, 2006
Viceroy Exploration Ltd.
Financial advisor to Yamana · Mining & Metals
Buyer Yamana Gold Inc.
Yamana agreed to make a share-exchange take-over bid for Viceroy, owner of the Gualcamayo gold project in Argentina, at about C$10.86 per share.
Jul 24, 2006
Ashton Mining of Canada Inc.
Independent financial advisor to the Ashton special committee; inadequacy opinion · Mining & Metals
Buyer Stornoway Diamond Corporation
Stornoway bid for Ashton Mining (C$1.25 cash or one Stornoway share plus $0.01); Ashton's special committee initially called the offer inadequate, and a second-step amalgamation followed with a Sprott fairness opinion.
Feb 22, 2006
Desert Sun Mining Corp.
Financial advisor to Yamana · Mining & Metals
Buyer Yamana Gold Inc.
Yamana agreed to acquire Desert Sun Mining in a share exchange by plan of arrangement, adding the Jacobina mine in Brazil.
Nov 28, 2005
Viking Energy Royalty Trust
Financial advisor to Harvest; fairness opinion · Oil & Gas
Buyer Harvest Energy Trust
Viking and Harvest agreed to merge by plan of arrangement, creating a trust with enterprise value above $4 billion under the Harvest name.
Oct 27, 2005
EnCana midstream natural gas liquids business
Financial advisor to Provident · Midstream
Buyer Provident Energy Trust · Seller EnCana Corporation
Provident agreed to acquire EnCana's natural gas liquids business for about C$697 million plus working capital adjustments.
Apr 6, 2004
Olympia Energy Inc.
Financial advisor to Provident · Oil & Gas
Buyer Provident Energy Trust
Provident agreed to acquire Olympia Energy by plan of arrangement, concurrently with a separate arrangement to acquire Viracocha Energy.
Apr 6, 2004
Viracocha Energy Inc.
Financial advisor to Provident · Oil & Gas
Buyer Provident Energy Trust
Provident agreed to acquire Viracocha Energy by plan of arrangement, concurrently with its separate Olympia Energy acquisition.
Mar 30, 2004
Wheaton River Minerals Ltd.
Financial advisor to IAMGOLD · Mining & Metals
Buyer IAMGOLD Corporation
IAMGOLD and Wheaton River agreed to combine (0.55 IAMGOLD share per Wheaton share); competing proposals from Coeur and Golden Star followed.
Sep 10, 2003
Central Alberta midstream system (Redwater NGL facilities)
Financial advisor to Provident; co-lead underwriter of financing · Energy - Midstream & Utilities
Buyer Provident Energy Trust
Provident Energy Trust agreed to buy a $268 million central Alberta midstream system and announced a concurrent $225 million bought-deal financing of trust units and convertible debentures.
Oct 2002
Fording Inc.
Financial advisor and dealer manager to the offeror · Mining - Coal
Buyer Sherritt Coal Acquisition Inc. (Sherritt International / Ontario Teachers' Pension Plan)
Sherritt International and Ontario Teachers' Pension Plan launched an unsolicited $29.00-per-share cash bid for Fording on Oct. 25, 2002, later enhanced, setting off a contest that ended in the Fording Canadian Coal Trust restructuring.
Jun 10, 2002
Echo Bay Mines Ltd. and TVX Gold Inc.
Financial advisor to Echo Bay · Mining - Gold
Buyer Kinross Gold Corporation
Kinross, Echo Bay and TVX agreed to a three-way combination, with Kinross also acquiring Newmont's interest in the TVX Newmont Americas joint venture, creating a senior North American gold producer.
Nov 14, 2001
Franco-Nevada Mining Corporation Limited
Financial advisor to Franco-Nevada · Mining - Gold
Buyer Newmont Mining Corporation
Newmont announced agreements to acquire Toronto-based Franco-Nevada and Australia's Normandy Mining, creating the world's largest gold producer.
