Representative Work Representative Work

Represented Power Survey and Equipment Ltd. in its Class A2 preferred financing of US$24 million

On June 27, 2017, Power Survey and Equipment Ltd. secured US$24M in its Class A2 preferred financing round. The round was initiated by the company’s majority investor EnerTech Capital and Investissement Québec alongside new investors led by Cycle Capital Management joined by Fonds de...

Lead Office: Montreal Date Closed: June 27, 2017 Value: US$24 million

China Gold International Resources Corp. in its US$500 million bond offering

On June 27, 2017, China Gold International Resources Corp. and its wholly-owned subsidiary, Skyland Mining (BVI) Limited, issued US$500 million principal amount of 3.25% unsubordinated unsecured corporate bonds, with a maturity date of July 6, 2020. China Gold International Resources Corp. Ltd. is...

Lead Office: Vancouver Date Closed: June 27, 2017 Value: US$500 million

Boardwalk REIT Quebec Inc., in connection with an additional financing with respect to portfolio of apartment buildings by The Toronto Dominion Bank

On June 15, 2017, Boardwalk REIT Quebec Inc. ("Boardwalk REIT") closed an additional financing in the amount of $140 million in respect of a portfolio of apartment buildings located on Nun’s Island, Montreal, Quebec; the financing was provided by The Toronto Dominion...

Lead Office: Montreal Date Closed: June 15, 2017 Value: $140 million

Element AI in its $137 million Series A financing

On June 14, 2017, Element AI announced the recently completed closing of its $137 million Series A financing round, representing the largest Series A financing round for an artificial intelligence company in history. With this funding, Element AI will accelerate its capabilities and invest...

Lead Office: Montreal Date Closed: June 14, 2017 Value: $137 million

Alphora Research in connection with its sale to Eurofins Scientific

On June 9, 2017, Eurofins Scientific has acquired drug ingredient manufacturing and testing services firm Alphora Research Inc. The deal, financial terms of which were not disclosed, will see Mississauga, Canada-based Alphora’s two facilities join Eurofins’ network of drug testing...

Lead Office: Toronto Date Closed: June 9, 2017 Value: -

Delphi Energy Corp. in its sale of common shares and offering of senior secured notes for approximately $65.3 million

On June 7, 2017, Delphi Energy Corp. (“Delphi”) closed its previously announced financing comprised of the sale of (i) 27,559,055 common shares issued at a price of $1.27 per common share; and (ii) 30,000 senior secured CELTM notes, each with a principal amount of $1,000 and a...

Lead Office: Calgary Date Closed: June 7, 2017 Value: $65.3 million

KPMG Inc. in connection with the receivership of Half Moon Lake Resort Ltd. and Armac Investments Ltd.

On June 7, 2017, KPMG Inc. was appointed receiver and manager of Half Moon Lake Resort Ltd. and Armac Investments Ltd. (collectively "Half Moon"), pursuant to a Receivership Order of the Court of Queen's Bench of Alberta. Half Moon operated an RV resort and camp ground south...

Lead Office: Calgary Date Closed: June 7, 2017 Value: -

National Tire Distributors Inc. in its acquisition of Pneus Supérieurs Inc.

On June 1, 2017, 9359-8266 Québec Inc., a wholly owned subsidiary of National Tire Distributors Inc., completed an all-cash acquisition of three Québec based tire distributors carrying on business under the name “Pneus Supérieurs”. The three targets were wholly-owned by Pneus...

Lead Office: Montreal Date Closed: June 1, 2017 Value: -

Borrowell Inc. in connection with its $12 million Series A round of financing led by Portag3 Ventures LP, Equitable Bank and White Star Capital and $45 million in new credit facilities provided by Concentra and FirstOntario Credit Union

Borrowell completed its $57 million in financing, consisting of $12 million (CAD) in equity funding and $45 million in new credit facilities. The Series A equity round is being led by Portag3 Ventures LP, Equitable Bank and White Star Capital, with participation by FirstOntario Credit...

Lead Office: Toronto Date Closed: June 1, 2017 Value: $57 million

Beanworks in connection with its $4.5 million Series A funding

On June 1, 2017, Beanworks announced the closing of its $4.5 million Series A funding, led by Vancouver Founder Fund and TIMIA Capital. Revolutionizing the way companies manage their accounts payable workflows and pay their vendors, Beanworks’ customizable FinTech platform empowers...

Lead Office: Vancouver Date Closed: June 1, 2017 Value: $4.5 million