Leo Raffin* 

Co-Chair, Capital Markets, Public M&A
Vancouver  t: 604.691.7450  |  e: leo.raffin@mcmillan.ca

Leo Raffin*

Vancouver
Royal Centre, Suite 1500
1055 West Georgia Street, PO Box 11117
Vancouver, British Columbia V6E 4N7

t: 604.691.7450
e: leo.raffin@mcmillan.ca

aperçu

Leo Raffin is a partner in McMillan's Vancouver office, Co-Chair of the national Capital Markets Group and Co-Chair of the Public M&A Group (BC). His primary practice areas are securities and corporate law - acting for technology, industrial and natural resource issuers. His experience includes public and private offerings, mergers, acquisitions and take-over bids, proxy contests, corporate reorganizations, business alliances, licensing transactions and corporate governance matters.

Representative Matters

  • Acted for Great Canadian Gaming Corporation in its $450 million offering of senior unsecured notes and concurrent $100 million substantial issuer bid;
  • Acted for CTF Technologies, Inc. (a leading Brazilian specialized payment products company) in its US$180 million sale to FleetCor Technologies Inc.;
  • Acted for Western Wind in its hostile proxy contest with Samara Capital and then subsequent hostile take-over bid by Brookfield Renewable Energy Partners LP and WWE Equity Holdings Inc.;
  • Acted for Norsat International Inc. in its acquisition of Sinclair Technologies Holdings Inc. for US$19.25 million;
  • Acted for Primero Mining Corp. (formerly, Mala Noche Resources Corp.) in its acquisition of the San Dimas gold-silver mine and associated assets in Mexico from subsidiaries of Goldcorp Inc. for US$510 million plus the assumption of all liabilities associated with the San Dimas mine;
  • Acted for Primero Mining Corp. in a $44 million secondary offering by Goldcorp Inc.;
  • Acted for Primero Mining Corp. in its merger with Northgate Minerals Corporation which was to create a company with an expected combined market capitalization of approximately $1.2 billion;
  • Acted for Tekmira Pharmaceuticals on its business combination with Protiva Biotherapeutics and concurrent private placements with Alnylam Pharmaceuticals and Hoffman-La Roche;
  • Acted for Inex Pharmaceuticals in its reorganization and spin-out of Tekmira Pharmaceuticals;
  • Acted for Richfield Ventures Corp. in its acquisition by New Gold Inc. for approximately $550 million;
  • Acted for Continental Minerals Corporation in its acquisition by Jinchuan Group Ltd. for $431 Million;
  • Acted for and Terrane Metals Corp. in its sale to Thompson Creek Metals Company Inc. for C$650 million;
  • Acted for Farallon Mining Ltd. in its acquisition by Nystar NV for $400 million;
  • Acted for Terra Ventures Inc. in its merger with Hathor Exploration Limited;
  • Acted for the agents in a $145 million private placement subscription receipt financing involving Eacom Timber Corporation and a subsequent follow-on financing;
  • Acted for Yukon Zinc in its sale to Jinduicheng Molybdenum Group and Northwest Nonferrous International for $110 million;
  • Acted for TWC Group of Companies Inc. in its sale to the Berkshire Group of Companies;
  • Acted for Great Canadian Gaming in the acquisition of the combined race tracks and casinos Fraser Downs, Georgian Downs and Flamboro Downs;
  • Acted for Absolute Software Corporation in its acquisition of LiveTime Software;
  • Acted for the special committee of the board of directors of Gemcom Software International Inc. in its acquisition by a vehicle indirectly owned by affiliates of JMI Equity Fund VI, L.P., Carlyle Venture Partners III, L.P. and Pala Investments Holdings Limited for approximately $190 million;
  • Counsel to Inex Pharmaceuticals in a bought deal financing of approximately C$16 million;
  • Represented Great Canadian Gaming Corp. to secure a C$200 million revolving credit facility and a US$170 million term loan and to issue US$170 million senior subordinated notes for gross proceeds of C$600 million;
  • Acted for Sierra Systems when acquired by Golden Gate Capital;
  • Represented INEX Pharmaceuticals in an agreement with Alnylam Pharmaceuticals to form a strategic alliance;
  • Represented Inex Pharmaceuticals in a license agreement with Hana Biosciences worth an estimated C$12.1 million;
  • Acted for Inex Pharmaceuticals to buy back its convertible debt for US$36.5 million; and
  • Assisted Glamis Gold in its acquisition of Western Silver Corporation.

Presentations

2019 Pipestone Conference for Senior Securities Lawyers
Professional Responsibility & Practice Management
Merger & Acquisition
Mergers & Acquisitions course
Biotech Real Life Stories
Current issues in M&A
Securities Up-Date course
Case Studies "Solicitors' Use of Technology in the 21st Century"
Capital Raising Exemptions, Multilateral Instrument 45-103
Overview of Fiduciary Duties of Directors in Mergers and Acquisitions Transactions

Publications

Withholding Obligations on Option Exercise Effective January 1, 2011
Risk Mitigation – The First Step is Obvious, Identify the Risks
Law Note - Securities Commission Clarifies Material Change Reporting Obligations
OSC Clarifies Material Change Reporting Obligations
BC Court of Appeal Clarifies Voting Provisions for Arrangements Under the Business Corporations Act
TSE Original Listing Requirements for Industrial and Research & Development Companies
What is it Worth?
Participation in the British Columbia Securities Market

News

McMillan obtient 34 classements dans l'édition 2020 du guide Who's Who Legal pour le Canada
McMillan obtient 34 classements dans l'édition 2020 du guide Who's Who Legal pour le Canada
McMillan cité 114 fois dans le répertoire Best Lawyers in Canada 2021
62 avocats de McMillan cités dans le répertoire The Canadian Legal Lexpert Directory de 2020
32 avocats de McMillan classés meilleurs conseillers juridiques en droit des affaires dans l'édition 2019 du Who's Who Legal: Canada
Les avocats de McMillan obtiennent 41 classements dans 23 catégories dans le guide Chambers Canada de 2020
71 avocats de McMillan nommés dans l'édition de 2020 du répertoire Best Lawyers in Canada
60 avocats de McMillan cités dans le répertoire The Canadian Legal Lexpert Directory de 2019
McMillan reconnu tant sur la liste des 10 opérations les plus importantes que sur celle des 10 décisions les plus importantes de Lexpert
32 avocats de McMillan cités dans le répertoire Who's Who Legal: Canada 2018
65 avocats de McMillan sont nommés dans l'édition 2019 de Best Lawyers in Canada
65 avocats de McMillan sont nommés dans l'édition 2019 de Best Lawyers in Canada
Les avocats de McMillan figurent en bonne place dans l'édition 2018 du répertoire Canadian Legal de Lexpert
Les avocats de McMillan figurent en bonne place dans l'édition 2018 du répertoire Canadian Legal de Lexpert
33 avocats de McMillan cités dans le répertoire Who's Who Legal: Canada 2017
Des avocats de McMillan sont reconnus dans le Special Edition on Global Mining 2017-2018 de Lexpert
Des avocats de McMillan sont reconnus dans le Special Edition on Global Mining 2017-2018 de Lexpert
West Fraser réalise l'acquisition de Gilman Building Products
West Fraser réalise l'acquisition de Gilman Building Products
Margaret McNee reconnue avocate de l'année dans la catégorie fonds communs de placement, aux côtés de 58 avocats de McMillan, dans l'édition 2018 de Best Lawyers in Canada
Margaret McNee reconnue avocate de l'année dans la catégorie fonds communs de placement, aux côtés de 58 avocats de McMillan, dans l'édition 2018 de Best Lawyers in Canada
Des avocats de McMillan classés avocats canadiens de premier plan en droit des sociétés dans le numéro spécial Lexpert/Report on Business de 2017
Des avocats de McMillan classés avocats canadiens de premier plan en droit des sociétés dans le numéro spécial Lexpert/Report on Business de 2017
Les avocats de McMillan sont bien représentés dans le répertoire Canadian Legal Lexpert Directory 2017
Des avocats de McMillan cités dans le répertoire Who's Who Legal: Canada 2016
L'édition 2017 du Best Lawyers in Canada souligne l'expertise de 59 avocats de McMillan
Des avocats de McMillan figurent dans l'édition 2016 du Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada de Lexpert
Les avocats de McMillan sont bien représentés dans le répertoire Canadian Legal Lexpert Directory 2016
McMillan lawyers recognized as leading Canadian lawyers in global mining by Lexpert
Dans sa 10e édition, Best Lawyers in Canada souligne l'expertise de
60 avocats de McMillan
Des avocats de McMillan figurent dans l'édition 2015 du Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada de Lexpert
Les avocats de McMillan sont bien représentés dans le répertoire Canadian Legal Lexpert Directory 2015
McMillan compte des avocats canadiens de premier plan dans le secteur minier mondial, selon Lexpert
Seize avocats de McMillan figurent dans l'édition 2015 du palmarès Legal 500 Canada
Des avocats de McMillan figurent dans l'édition 2015 de Best Lawyers in Canada
Quatorze avocats de McMillan en vedette dans le Lexpert 2014 Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada
McMillan bien représenté dans le 2014 Canadian Legal Lexpert Directory
Richfield Ventures acquis par New Gold pour 550 millions de dollars

Education

  • University of Toronto, LLB - 1986
  • University of Windsor, BA - 1983

Year Of Call

  • Barreau de la Colombie-Britannique - 1987

Practices

Les Technologies Financières
marchés des capitaux
fusions et acquisitions
technologies
jeux et loteries
gouvernance d'entreprise
opérations négociées
Cryptomonnaies et chaîne de blocs

Industries

secteur des aliments et boissons et agroentreprise
technologies
exploitation minière
médias, communications et divertissement
sciences de la vie

Directorships and Professional Associations

  • Vancouver Bar Association

Teaching Engagements

  • Chair/Co-Chair of the Canadian Law Society of British Columbia's Annual Advanced Securities Law session for the last 10 years; and
  • Spoken at CLE sessions on Mergers & Acquisitions and Securities Litigation.

Awards & Rankings

  • Recognized in the 2019 Canadian Legal Lexpert Directory as a Consistently Recommended lawyer in the area of Corporate Finance & Securities
  • Recognized by Chambers Canada 2019 as a leader in Gaming & Licensing 
  • Listed in Best Lawyers in Canada 2019 as a leading lawyer in the areas of Securities Law and Technology Law
  • Recognized in the 2018 Canadian Legal Lexpert Directory as a Consistently Recommended lawyer in the area of Corporate Finance & Securities
  • Listed in Best Lawyers in Canada 2018 as a leading lawyer in the areas of Securities Law and Technology Law
  • Listed in Who's Who Legal: Canada 2017 as a leading lawyer in the area of Mining
  • Listed in Lexpert/Report on Business Corporate Special Edition 2017 as Canada's Leading Corporate Lawyer
  • Listed in Canadian Legal Lexpert Directory 2017 as consistently recommended in Corporate Finance & Securities
  • Listed in the 2016/17 Lexpert Special Edition as a leading lawyer in Global Mining
  • Listed in Best Lawyers in Canada 2017 as a leading lawyer in the areas of Securities Law and Technology Law
  • Listed in Who's Who Legal: Canada 2016 as a leading lawyer in the area of Mining
  • Listed in Best Lawyers in Canada 2016 as a leading lawyer in the areas of Securities Law and Technology Law
  • Listed in Canadian Legal Lexpert Directory 2016 as a leading lawyer in Corporate Finance & Securities
  • Listed in Lexpert Guide to the Leading US/Canada Cross-Border Corporate Lawyers in Canada 2016 as a Corporate Finance & Securities expert
  • Listed in The Legal 500 Canada 2015 as a leader in Corporate and M&A
  • Listed in the 2015/16 Lexpert Special Edition as a leading lawyer in Global Mining
  • Received a "BV" Peer Review Ranking from Martindale-Hubbell
vcard
* Law Corporation

Leo Raffin is a partner in McMillan's Vancouver office, Co-Chair of the national Capital Markets Group and Co-Chair of the Public M&A Group (BC). His primary practice areas are securities and corporate law - acting for technology, industrial and natural resource issuers. His experience includes public and private offerings, mergers, acquisitions and take-over bids, proxy contests, corporate reorganizations, business alliances, licensing transactions and corporate governance matters.

  • Acted for Great Canadian Gaming Corporation in its $450 million offering of senior unsecured notes and concurrent $100 million substantial issuer bid;
  • Acted for CTF Technologies, Inc. (a leading Brazilian specialized payment products company) in its US$180 million sale to FleetCor Technologies Inc.;
  • Acted for Western Wind in its hostile proxy contest with Samara Capital and then subsequent hostile take-over bid by Brookfield Renewable Energy Partners LP and WWE Equity Holdings Inc.;
  • Acted for Norsat International Inc. in its acquisition of Sinclair Technologies Holdings Inc. for US$19.25 million;
  • Acted for Primero Mining Corp. (formerly, Mala Noche Resources Corp.) in its acquisition of the San Dimas gold-silver mine and associated assets in Mexico from subsidiaries of Goldcorp Inc. for US$510 million plus the assumption of all liabilities associated with the San Dimas mine;
  • Acted for Primero Mining Corp. in a $44 million secondary offering by Goldcorp Inc.;
  • Acted for Primero Mining Corp. in its merger with Northgate Minerals Corporation which was to create a company with an expected combined market capitalization of approximately $1.2 billion;
  • Acted for Tekmira Pharmaceuticals on its business combination with Protiva Biotherapeutics and concurrent private placements with Alnylam Pharmaceuticals and Hoffman-La Roche;
  • Acted for Inex Pharmaceuticals in its reorganization and spin-out of Tekmira Pharmaceuticals;
  • Acted for Richfield Ventures Corp. in its acquisition by New Gold Inc. for approximately $550 million;
  • Acted for Continental Minerals Corporation in its acquisition by Jinchuan Group Ltd. for $431 Million;
  • Acted for and Terrane Metals Corp. in its sale to Thompson Creek Metals Company Inc. for C$650 million;
  • Acted for Farallon Mining Ltd. in its acquisition by Nystar NV for $400 million;
  • Acted for Terra Ventures Inc. in its merger with Hathor Exploration Limited;
  • Acted for the agents in a $145 million private placement subscription receipt financing involving Eacom Timber Corporation and a subsequent follow-on financing;
  • Acted for Yukon Zinc in its sale to Jinduicheng Molybdenum Group and Northwest Nonferrous International for $110 million;
  • Acted for TWC Group of Companies Inc. in its sale to the Berkshire Group of Companies;
  • Acted for Great Canadian Gaming in the acquisition of the combined race tracks and casinos Fraser Downs, Georgian Downs and Flamboro Downs;
  • Acted for Absolute Software Corporation in its acquisition of LiveTime Software;
  • Acted for the special committee of the board of directors of Gemcom Software International Inc. in its acquisition by a vehicle indirectly owned by affiliates of JMI Equity Fund VI, L.P., Carlyle Venture Partners III, L.P. and Pala Investments Holdings Limited for approximately $190 million;
  • Counsel to Inex Pharmaceuticals in a bought deal financing of approximately C$16 million;
  • Represented Great Canadian Gaming Corp. to secure a C$200 million revolving credit facility and a US$170 million term loan and to issue US$170 million senior subordinated notes for gross proceeds of C$600 million;
  • Acted for Sierra Systems when acquired by Golden Gate Capital;
  • Represented INEX Pharmaceuticals in an agreement with Alnylam Pharmaceuticals to form a strategic alliance;
  • Represented Inex Pharmaceuticals in a license agreement with Hana Biosciences worth an estimated C$12.1 million;
  • Acted for Inex Pharmaceuticals to buy back its convertible debt for US$36.5 million; and
  • Assisted Glamis Gold in its acquisition of Western Silver Corporation.
Novembre 2010
Withholding Obligations on Option Exercise Effective January 1, 2011(seulement disponible en anglais)
5 Février 2009
Risk Mitigation – The First Step is Obvious, Identify the Risks(seulement disponible en anglais)
AceTech CEO Snapshots e-newsletter
30 Juin 2008
Law Note - Securities Commission Clarifies Material Change Reporting Obligations(seulement disponible en anglais)
InBrief Summer 2008
Mars 2008
OSC Clarifies Material Change Reporting Obligations(seulement disponible en anglais)
Securities Brief Spring 2008
Automne 2006
BC Court of Appeal Clarifies Voting Provisions for Arrangements Under the Business Corporations Act(seulement disponible en anglais)
Mergers & Acquisitions Brief Fall 2006
2000
TSE Original Listing Requirements for Industrial and Research & Development Companies
(seulement disponible en anglais)
Initial Public Offerings - Considerations Involved in Going Public, prepared for Softworld 2000
1999
What is it Worth?
(seulement disponible en anglais)
Prepared for Softworld 1999
Août 1987
Participation in the British Columbia Securities Market
(seulement disponible en anglais)

Review of International Business Law, Vol. 1 No. 2

Octobre 2019
2019 Pipestone Conference for Senior Securities Lawyers
(seulement disponible en anglais)
The Cannabis Panel, Lake Louise, Alberta
Mai 2009
Professional Responsibility & Practice Management
(seulement disponible en anglais)
Lang Michener Continuing Professional Development seminar
Avril 2009
Merger & Acquisition
(seulement disponible en anglais)
Michener Continuing Professional Development seminar
2009
Mergers & Acquisitions course
(seulement disponible en anglais)
Continuing Legal Education Society of British Columbia
15 Octobre 2007
Biotech Real Life Stories
(seulement disponible en anglais)
The New Deal: Competing in a Global Economy, Lang Michener Sponsors LES 2007 Annual Meeting, Vancouver, BC
13 Juin 2007
Current issues in M&A
(seulement disponible en anglais)
M&A Current Issues, Lang Michener Five O'Clock Series, Vancouver
2004
Securities Up-Date course(seulement disponible en anglais)
Continuing Legal Education Society of British Columbia
18 Octobre 2002
Case Studies "Solicitors' Use of Technology in the 21st Century"
(seulement disponible en anglais)
Pacific Legal Technology Conference, The Continuing Legal Education Society of British Columbia
4 Octobre 2002
Capital Raising Exemptions, Multilateral Instrument 45-103
(seulement disponible en anglais)
New Issues for Securities Practice Conference, The Continuing Legal Education Society of British Columbia
9 Mars 2001
Overview of Fiduciary Duties of Directors in Mergers and Acquisitions Transactions
(seulement disponible en anglais)
Securities Law - 2001 Update, The Continuing Legal Education Society of British Columbia