Representative Work Representative Work

ConocoPhillips in its acquisition of the remaining Surmont interest from TotalEnergies EP Canada Ltd. for approximately $3.7 billion

On October 4, 2023, ConocoPhillips closed the acquisition of the remaining 50% interest in the Surmont oilsands project (“Surmont”) from TotalEnergies EP Canada Ltd. for approximately $3.7 billion plus contingent payments of up to $0.4 billion. The transaction gives...

Lead Office: Calgary Date Closed: October 4, 2023 Value: $3.7 billion

Relocalize in its raising of $4.78 million in seed funding

On October 3, 2023. Relocalize announced it had raised $4.78 million in a seed funding round. The company plans on utilizing the funding towards its autonomous production platform growth for hyperlocal food distribution.Relocalize is a cleantech start-up.Osler, Hoskin & Harcourt LLP...

Lead Office: Toronto Date Closed: October 3, 2023 Value: $4.78 million

GaN Systems Inc. in its US$830 million acquisition by Infineon Technologies

Osler acted for GaN Systems Inc. in its US$830 million acquisition by Infineon Technologies AG announced March 2, 2023.GaN Systems is headquartered in Ottawa and is a global leader in GaN power semiconductors with a broad portfolio of transistors which address the needs of today’s most...

Lead Office: Calgary Date Closed: October 1, 2023 Value: US$830 million

Luge Capital in its closing of $71 million of its target $100 million fund

On September 26, 2023, Luge Capital Inc. announced that it closed $71 million of its target $100 million fund. The Limited Partners in the new fund, Luge Capital Fund II, consisted of existing investors including Caisse de dépôt et placement du Québec (CDPQ), Desjardins, BDC Capital, Sun...

Lead Office: Toronto Date Closed: September 26, 2023 Value: $71 million

Fiera Foods in its successful appeal from a Canada Revenue Agency ITC reassessment

Osler represented Fiera Foods in its successful appeal from a Canada Revenue Agency reassessment denying almost $6 million in input tax credits (“ITCs”). In Fiera Foods v. His Majesty the King, Justice Owen ruled that the CRA cannot decide on the specific form of documentation...

Lead Office: Toronto Date Closed: September 20, 2023 Value: $6 Million

Simmunome in its securing $2 million of pre-seed funding

On September 18, 2023, Simmunome announced it secured $2 million in a pre-seed funding round led by Theodorus Investment Funds. The round also had participation from Fonds d’investissement Eurêka, BKR Capital, Sandpiper Ventures, and ACET Capital. Simmunome is an artificial intelligence company...

Lead Office: Montreal Date Closed: September 18, 2023 Value: $2 million

Ontopical in its raising of $3.3 million in a seed extension financing round

On September 14, 2023, Ontopical announced that they secured $3.3 million in a seed extension financing round co-led by Rhino Ventures and Graphite Ventures and saw participation from Accelerate Fund III. The funding also includes a grant from Alberta Innovates. The company plans on utilizing the...

Lead Office: Calgary Date Closed: September 14, 2023 Value: $3.3 million

Daylight Automation in its acquisition by Quadient

On September 14, 2023, Daylight Automation announced its acquisition by Quadient. Quadient intends on integrating Daylight Automation’s platform to enhance their customer service experiences and offerings.Daylight Automation is a cloud integrated platform that assists organizations...

Lead Office: Toronto Date Closed: September 14, 2023 Value: -

DalCor Pharmaceuticals in its closing of an $80 million Series D financing round

On September 13, 2023, DalCor Pharmaceuticals announced the closing of a $80 million Series D financing round. This funding will be utilized towards conducting the Dal-GenE-2 confirmatory trial in North America through a Special Protocol Assessment (SPA) agreement with the U.S. Food and Drug...

Lead Office: Toronto Date Closed: September 13, 2023 Value: 80 million

Parity Inc. in its closing of a US$4 million loan facility from NY Green Bank

On September 12, 2023, Parity Inc, announced its securing of a US$4 million loan facility from NY Green Bank. Parity Inc. plans on using this financing towards their HVAC optimization solutions for energy efficiency in New York. It is noted that this NY Green Bank’s first transaction...

Lead Office: Montreal Date Closed: September 12, 2023 Value: $4 million