PUBLIC COMPANY ACTIVITY

Information and intelligence about what public companies are doing in the market

Public Offerings

Launched April 28 - May 2, 2014

Equity Offerings

Company Securities Offered/ Number Gross Proceeds Lead Agent/Underwriter
Goldman Sachs U.S. Income Builder Trust Initial Public Offering of Class A Units and/or Class U Units /TBD TBD RBC Dominion Securities Inc., CIBC World Markets Inc. and TD Securities Inc.
PineBridge Investment Grade Preferred Securities Fund Initial Public Offering of Units/TBD TBD BMO Nesbitt Burns Inc., CIBC World Markets Inc. and Scotia Capital Inc.
Kinaxis Inc. Initial Public Offering and Secondary Ofering of Common Shares/TBD TBD BMO Nesbitt Burns Inc. and Canaccord Genuity Corp.
PrairieSky Royalty Ltd. 32,500,000 Common Shares TBD TD Securities Inc. and CIBC World Markets Inc.
Altius Minerals Corporation 4,643,000 Common Shares $65,002,000 Scotia Capital Inc. and Haywood Securities Inc.
FAM Real Estate Investment Trust 1,700,000 Units $15,045,000 TD Securities Inc.
Hemisphere Energy Corporation 13,333,500 Common Shares $10,000,125 Canaccord Genuity Corp.
RB Energy Inc. (formerly Canada Lithium Corp.) 32,400,000 Common Shares $22,032,000 Dundee Securities Ltd. and Scotia Capital Inc.
Tweed Marijuana Inc. 4,687,500 Common Shares $15,000,000 GMP Securities L.P.
Yangarra Resources Ltd. 22,727,500 Common Shares $25,000,250 AltaCorp Capital Inc. and Clarus Securities Inc.

Upcoming Shareholder Meetings

  • On May 20, 2014, the shareholders of Tranzeo Wireless Technologies Inc. will be asked to vote to approve the business combination between Charlotte Resources Ltd., 8865523 Canada Ltd, and Tranzeo Wireless Technologies Inc. in which Charlotte will acquire Tranzeo by way of plan of arrangement.
  • On May 21, 2014, the shareholders of Canada Fluorspar Inc. will be asked to vote to approve a statutory plan of arrangement involving the acquisition by CF Acquisition Inc., a wholly-owned subsidiary of investment funds managed by Golden Gate Capital, of all of the issued and outstanding common shares of the Canada Fluorspar.
  • On May 27, 2014, the shareholders of X-Terra Resources Corporation will be asked to vote to approve (i) the transfer of substantially all of the assets and all of the liabilities of X-Terra to X-Terra Resources Inc. and (ii) a reverse take-over involving X-Terra and Norvista Capital Corporation.
  • On May 27, 2014, the shareholders of Nordion Inc. will be asked to vote to approve a plan of arrangement involving Nordion, 8832528 Canada Inc., Sterigenics International LLC, STHI Holding Corp. and STHI Intermediate Holding Corp., whereby common shareholders of Nordion will receive, in respect of each common share that they hold, U.S.$11.75 in cash.
  • On May 27, 2014, the shareholders of Sandstorm Metals & Energy Ltd. will be asked to vote to approve an arrangement pursuant to which Sandstorm Gold Ltd. will acquire all of the issued and outstanding common shares of Sandstorm Metals not already held by Sandstorm Gold or its affiliates.
  • On June 10, 2014, the shareholders of MGM Energy Corp. will be asked to vote to approve an arrangement in respect of MGM Energy and its shareholders and involving Paramount Resources Ltd., whereby Paramount will acquire all of the issued and outstanding MGM Energy Shares not already owned by it on the basis of one Paramount Class A Common Share for every 300 MGM Energy Shares.

WHAT WE'VE BEEN UP TO

Recent Transactions

We acted for Cormark Securities Inc. and a syndicate of underwriters in connection with a bought deal offering of common shares of Teranga Gold Corp. for gross proceeds of approximately $30 million. The proceeds of the offering will be used for general corporate purposes. Click here for more details.

We acted for Mason Graphite Inc. in connection with a bought deal private placement of units for gross proceeds of approximately $11 million. The proceeds of the offering will be used to fund the continued development of the company's Lac Guéret project and for general corporate purposes. Click here for more details.

We acted for Copper One Inc. in connection with its acquisition of the Troilus Mine, located in Québec, from FQM (Akubra) Inc., a wholly-owned subsidiary of First Quantum Minerals Ltd. Click here for more details.

We acted for Tempest Capital Corp. in connection with a brokered private placement of units of Anthem United Inc. for gross proceeds of $2,500,000. The proceeds of the offering will be used by Anthem to fund a joint venture for the construction and commissioning of gold milling operations in Peru and for general working capital.

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