23 publicly disclosed transactions where Paradigm Capital played an advisory, financing or investing role, most recent first.
Oct 5, 2026
ONGold Resources Ltd.
Lead agent and sole bookrunner (on behalf of a syndicate of agents) · Mining
ONGold announced a best-efforts brokered LIFE private placement of Ontario and Manitoba flow-through units and hard-dollar units for up to $5,346,000, then upsized it to up to $9,255,650.
Sep 28, 2026
Plurilock Security Inc.
Financial advisor to the special committee; fairness opinion · Technology / Cybersecurity
Buyer Quantum eMotion Corp.
Quantum eMotion agreed to acquire Plurilock Security by plan of arrangement for C$0.084 in cash plus 0.0763 of a QeM share per share (about C$0.28), valuing Plurilock at roughly C$33.8 million.
Sep 9, 2026
Kharrouba Copper Company
Financial advisor to KCC · 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.
Sep 1, 2026
Cascadero Minerals
Financial advisor (client listed as Cascadero Minerals) · Mining
Buyer First Quantum Minerals
Acquisition of Cascadero Minerals by First Quantum Minerals (~$26M), listed September 2026 (month only).
Apr 16, 2026
Sweetwater Royalties (92% interest)
Financial advisor to the special committee; fairness opinion · 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 1, 2026
Sweetwater Royalties Corp.
Fixed-fee fairness opinion (client listed as Uranium Royalties Corp.) · Mining royalties
Buyer Uranium Royalties Corp.
Fixed-fee fairness opinion on Uranium Royalties' ~$1.9B acquisition of Sweetwater Royalties, April 2026 (month only).
Mar 1, 2026
Northisle Copper and Gold Inc.
Lead · Mining
$115M equity financing for Northisle Copper and Gold, March 2026 (month only).
Jan 1, 2026
Freegold Ventures Ltd.
Lead · Mining
$50M equity financing for Freegold Ventures, January 2026 (month only).
Dec 1, 2025
Kaelus AB
Exclusive financial advisor to Baylin; agent on $10 million subscription receipt offering · Telecommunications Equipment
Buyer Baylin Technologies Inc.
Baylin agreed to acquire Swedish antenna and RF company Kaelus for about SEK 285 million (about $42 million) in cash and shares, with a $10 million subscription receipt financing.
Sep 1, 2025
Maritime Resources Corp.
Special advisor (client listed as Maritime Resources) · Gold mining
Buyer New Found Gold Corp.
Acquisition of Maritime Resources by New Found Gold (~$292M), September 2025 (month only).
Dec 13, 2024
Ackroo Inc.
Financial advisor to Ackroo; fairness opinion to the board · Fintech / payments software
Buyer Paystone
Paystone agreed to acquire gift card, loyalty and payments software provider Ackroo in an all-cash deal valued at about C$21 million enterprise value.
Sep 23, 2024
Arizona Sonoran Copper Company Inc.
Co-lead underwriter and joint bookrunner · Mining (copper)
Arizona Sonoran announced a bought deal public offering of about 17.2 million common shares at C$1.45 for gross proceeds of about C$25 million.
May 30, 2024
RIV Capital Inc.
Independent fairness opinion to the Cansortium board · Cannabis
Buyer Cansortium Inc.
Cansortium agreed to acquire RIV Capital, operator of the Etain brand in New York, in an all-share plan of arrangement at 1.245 Cansortium shares per RIV share, leaving Cansortium holders with about 51.25% of the combined company.
Jul 20, 2022
NewRange Copper Nickel LLC (NorthMet and Mesaba)
Independent financial advisor; fairness opinion to the board · Mining (Copper-Nickel)
Buyer PolyMet Mining Corp. and Teck Resources Limited
PolyMet and Teck agreed to form a 50:50 joint venture combining the NorthMet and Mesaba copper-nickel projects in Minnesota.
Jun 13, 2022
Gold Standard Ventures Corp.
Financial advisor and fairness opinion to the special committee · Mining (Gold)
Buyer Orla Mining Ltd.
Orla agreed to acquire Gold Standard Ventures, owner of the South Railroad project in Nevada, by plan of arrangement.
Oct 7, 2021
Alcanna Inc.
Fairness opinion to the Alcanna board · Retail (Liquor & Cannabis)
Buyer Sundial Growers Inc.
Sundial agreed to acquire Alberta liquor retailer Alcanna by plan of arrangement for total consideration of about $346 million.
Feb 2018
Liquor Stores N.A. Ltd.
Financial advisor to the independent committee; fairness opinion · Retail / Cannabis
Buyer Aurora Cannabis Inc.
Aurora agreed to a two-phase private placement in Liquor Stores N.A., starting with a $103.5 million investment for about 19.9%, to build a cannabis retail network.
Sep 8, 2014
Curis Resources Ltd.
Fairness opinion to the Curis special committee and board · Mining (Copper)
Buyer Taseko Mines Limited
Taseko agreed to acquire the Curis Resources shares it did not already own by plan of arrangement; Curis' special committee relied on a fairness opinion from Paradigm Capital.
Apr 21, 2014
Sandstorm Metals & Energy Ltd.
Financial advisor to the independent special committee · Mining (Royalties & Streams)
Buyer Sandstorm Gold Ltd.
Sandstorm Gold agreed to acquire its affiliate Sandstorm Metals & Energy by plan of arrangement for about C$49 million in shares.
Mar 18, 2013
Invicta Energy Corp.
Strategic advisor to Invicta · Oil & Gas
Buyer Whitecap Resources Inc.
Whitecap agreed to acquire Viking light oil producer Invicta Energy by plan of arrangement for shares and limited cash, assuming about $17.4 million of net debt.
Aug 17, 2011
MOSAID Technologies Incorporated
Special financial advisor to WiLAN · Technology
Buyer Wi-LAN Inc.
WiLAN announced an unsolicited all-cash offer of C$38.00 per share for MOSAID, about C$480 million, partly financed by a C$200 million bought-deal debenture offering.
Mar 31, 2008
Metallica Resources Inc. and Peak Gold Ltd.
Financial advisor to Peak Gold · Metals & Mining
Buyer New Gold Inc.
Metallica, New Gold and Peak Gold announced a US$1.6 billion three-way combination to create an intermediate gold producer.
Apr 6, 2006
724 Solutions Inc.
Independent valuator to the special committee · Technology
Buyer Austin Ventures
724 Solutions agreed to be acquired by Austin Ventures' 724 Holdings for US$3.34 per share by plan of arrangement.