Deals & Cases

McMillan LLP Advises West Fraser on C$1.0 Billion Substantial Issuer Bid

Jul 27, 2021

On July 7, 2021, West Fraser Timber Co. Ltd. (“West Fraser”) announced the commencement of a substantial issuer bid (the “Offer”) pursuant to which West Fraser will offer to purchase from shareholders for cancellation up to C$1.0 billion of its outstanding Common shares (the “Shares”).

Aurora Cannabis Inc. Completes US$137.9 Million Cross-Border Bought Deal Offering

Feb 23, 2021

On January 26, 2021, Aurora Cannabis Inc. completed a bought deal public offering of units for total gross proceeds of US$137,940,000 pursuant to a prospectus supplement to the company’s short form base shelf prospectus dated October 28, 2020.

Taseko Mines Limited Completes US$23 Million Bought Deal Offering

Feb 19, 2021

On November 17, 2020, Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) completed a US$23 million bought deal public offering pursuant to an underwriting agreement dated November 11, 2020 among the company and Cantor Fitzgerald Canada Corporation, as lead underwriter and sole bookrunner, and a syndicate of underwriters including Velocity Trade Capital Ltd., BMO Nesbitt Burns Inc., National Bank Financial Inc. and TD Securities Inc.

BGP Acquisition Corp. completes US$115 million IPO

Feb 17, 2021

On February 4, 2021, BGP Acquisition Corp. completed its initial public offering of 11,500,000 class A restricted voting units at an offering price of US$10.00 per Class A Restricted Voting Unit, for gross proceeds of US$115,000,000.