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Alex Bruvels is a gifted capital markets lawyer with a practice focused on securities, corporate finance and mergers and acquisitions. He provides advice on real estate investment trusts (REITS), and assists clients in a range of industries including technology, cannabis, private equity, health care, and resources and energy. Alex also acts for investment funds.

As part of his securities and corporate finance practice, Alex advises private and public clients in connection with venture capital financings, initial public offerings, private placements, public equity and debt financings, mergers and acquisitions, stock exchange listings, corporate governance, securities regulatory matters, contested shareholder meetings and general corporate and securities law matters.

Alex also has extensive experience in the structuring, offering and sale of domestic and foreign domiciled investment funds. He offers additional expertise in dealer and adviser registration and compliance matters.

A contributor to numerous bulletins on business law and the capital markets, Alex has been a guest lecturer on mergers and acquisitions at the Dalhousie Schulich School of Law. He also serves as corporate secretary of a public company.



Representative Matters

Real Estate

  • Structuring of and capital raising for numerous private REITs with domestic and foreign assets.
  • Acted for the selling shareholders in respect of a secondary prospectus offering of common shares of First National Financial Corporation (TSX) on a bought deal basis for gross proceeds of $53.4M.
  • Acted for Morguard Investments Limited with respect to corporate reorganizations.
  • Acted for Alignvest Capital Management with respect to structuring and capital raising.

Technology

  • Acted for VIQ Solutions Inc. (TSX), a provider of AI digital voice and video capture technology and transcription services in establishing a base shelf prospectus for up to US$225M.
  • Acted for VIQ Solutions Inc. (TSX) in its bought deal offering of common shares qualified under a short form prospectus for gross proceeds of $20M and up-listing from the TSXV to the TSX.
  • Acted for a syndicate of dealers in connection with the $8.3M bought deal offering of units of Hut 8 Mining Corp. (TSX), a cryptocurrency mining and blockchain infrastructure company.
  • Acted for a syndicate of dealers with respect to the reverse take-over by Hut 8 Mining Corp. of Oriana Resources Corporation, public listing on the TSXV, and completion of private placements of approximately $70M.
  • Acted for a Canadian software company in its acquisition by a United States private equity firm with a transaction value of $85M.

Cannabis

  • Acted for a committee of independent directors of a TSX listed cannabis company in connection of its investigation of certain transactions.
  • Acted for PharmaCielo Ltd., a Colombian based cannabis producer in its best efforts offering of common shares qualified under a short form prospectus for gross proceeds of $12M.
  • Acted for investor in its purchase of US$100M of unsecured convertible debentures of Harvest Health & Recreation, Inc. (CSE).
  • Acted for Natura Naturals Holdings Inc., the parent company of a licensed cannabis cultivator in its acquisition by Tilray, Inc. (NASDAQ) with a transaction value of $70M.
  • Acted for iAnthus Capital Holdings, Inc. (CSE), in its acquisition of MPX Bioceutical Corporation (CSE) with a transaction value of $835M.
  • Acted for PharmaCielo Ltd., in its reserve take-over of AAJ Capital 1 Corp., public listing on the TSXV and completion of private placements of approximately $40M.

Resources and Energy

  • Acted for Treasury Metals Inc. (TSX) in its private placement of special warrants on a bought deal basis and flow-through special warrants on a best efforts basis with underlying shares qualified under a short form prospectus for gross proceeds of $17.6M.
  • Acted for Treasury Metals Inc. (TSX) is its acquisition of all of the shares of Tamaka Gold Corporation, the owner of the Goldlund Gold Project from First Mining Gold Corp. (TSX) and concurrent bought deal private placement of subscription receipts for gross proceeds of $11.52M with the underlying securities qualified under a short form prospectus.
  • Acted for AltaLink, L.P. with respect to its offering of $450M of medium term secured notes under a pricing supplement to a short form base shelf prospectus.
  • Acted for PetroNova Inc. (TSXV) in connection with Petroamerica Oil Corp.’s (TSXV) acquisition of all of PetroNova’s common shares by way of a statutory plan of arrangement, with a transaction value of $29M.

Healthcare

  • Acted for Promis Neurosciences Inc. (TSX), a biotechnology company with respect to its best efforts offering of US$20.1M of units under a pricing supplement to a short form base shelf prospectus.
  • Acted for Sernova Corp. (TSXV), a regenerative medicine therapeutics company in its bought deal offering of common shares qualified under a short form prospectus for gross proceeds of $20M.
  • Acted for Yorkville Asset Management Inc. as the lead investor in a private placement of common shares and convertible debentures of CareRx Corporation (formerly Centric Health Corporation) (TSX), a provider of specialty pharmacy services to seniors for proceeds of $35.2M.
  • Acted for 1315 Capital in its investment on a bought deal private placement concurrent with a bought deal public offering of common shares of Greenbrook TMS Inc. (TSX), a transcranial magnetic stimulation therapy provider for gross proceeds of $30.5M.
  • Acted for Resverlogix Corp. (TSX), a late-stage clinical biotechnology company in its offering of units for gross proceeds of $10M by way of overnight marketed prospectus and concurrent private placement.

Investment Funds and Registrants

  • Acts for registrants in respect of securities commission regulatory audits.
  • Acted for Picton Mahoney Asset Management with respect to structuring matters for hedge funds.
  • Acted for domestic and offshore investment funds and dealers with respect to structuring and offering of hedge fund as well as Canadian registration matters and securities commission regulatory audits.

Teaching Engagements

  • Guest lecturer on mergers and acquisitions at Dalhousie Schulich School of Law

News


Community Involvement

  • Corporate secretary of a public company

Education & Admissions

2017
Called to the Ontario bar
2015
Called to the Alberta bar
2014
JD with Business Specialization CertificateDalhousie University
2013
ExchangeChina University of Political Science and Law
2010
BA, Double Major, Political Science/International Development StudiesDalhousie University

Insights by Alex Bruvels (13 Posts)

Featured Insight

Canadian Securities Administrators Seek Input on Activist Short Selling Activities

Canadian Securities Administrators Seek Input on Activist Short Selling Activities

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Dec 16, 2020
Featured Insight

Raising Capital in Mining? Practical Considerations for Private Placements

Practical considerations for private placements when raising capital in mining

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Nov 2, 2020
Featured Insight

Disclose This – The Offering Memorandum Exemption Gets a Revamp – CSA Propose Additional Requirements with a focus on Real Estate Issuers and Collective Investment Vehicles

Proposed amendments to the OM Exemption may have major impacts on issuers engaged in real estate activities or considered collective investment vehicles

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Oct 14, 2020
Featured Insight

Thinking About Real Estate in Canada? Practical Considerations for Structuring a Private REIT

Thinking About Real Estate in Canada? Practical Considerations for Structuring a Private REIT

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Jul 30, 2020
Featured Insight

Liquid Alternatives Now a Reality Alternative Mutual Funds Regime Scheduled to Come Into Force January 3, 2019

The Canadian Securities Administrators have published the much anticipated final version of amendments introducing a "liquid alternatives" regulatory regime

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Oct 5, 2018
Featured Insight

CSA Reinforces Position that Securities Laws Apply to Cryptocurrency Offerings, Confirms Regulatory Scrutiny for Industry Participants

Jun 11, 2018, CSA published Staff Notice 46-308 – Securities Law Implications for Offerings of Tokens providing regulatory guidance on token and coin offerings.

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Jul 19, 2018
Featured Insight

CSA Releases Client-Focused Reforms to NI 31-103 in Response to Client-Registrant Relationship Concerns

June 21, 2018, the CSA released reforms to better align the interests of securities advisors, dealers, and representatives with the interests of their clients.

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Jul 18, 2018
Featured Insight

CSA Considers Reforms to the Syndicated Mortgage Regime and Seeks Input from Industry Participants

CSA Considers Reforms to the Syndicated Mortgage Regime and Seeks Input from Industry Participants

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May 10, 2018
Featured Insight

Amending the Canada Business Corporations Act– Bill C-25 Receives Royal Assent

Amendments will amend requirements regarding the election of directors, make mandatory certain diversity disclosure and impact shareholder communications for federally-regulated public companies

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May 9, 2018
Featured Insight

McMillan Client Alert – The CSA Release A New and Improved Suppression of Terrorism Report

The Canadian Securities Administrators have published CSA Staff Notice 31-352 Monthly Suppression of Terrorism and Canadian Sanctions Reporting Obligations.

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Mar 16, 2018
Featured Insight

McMillan Client Alert – For Registered Dealers, Advisors and Firms Relying on International Dealer or International Advisor Exemption

McMillan Client Alert - For Registered Dealers, Advisors and Firms Relying on International Dealer or International Advisor Exemption

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Dec 14, 2017
Featured Insight

Key Corporate Governance and Disclosure Developments in 2017

Key Corporate Governance and Disclosure Developments in 2017

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Dec 4, 2017
Featured Insight

CSA Consider Reforms to Determining Director and Audit Committee Member Independence

CSA Consider Reforms to Determining Director and Audit Committee Member Independence

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Nov 22, 2017