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Herbert (Herb) Ono is a US qualified capital markets and securities lawyer with extensive experience in cross-border corporate finance and securities matters. He has significant experience advising clients in the mining and cannabis sectors.

Routinely assisting clients in negotiating and implementing mergers and acquisitions, corporate spin-offs, and public and private financing transactions, Herb’s experience also includes advising publicly traded clients on corporate governance, Sarbanes-Oxley Act compliance, and Canadian and US securities filings and stock exchange listings.

Prior to joining McMillan, Herb spent two years with a Tokyo law firm now known as Nagashima, Ohno and Tsunematsu. As a foreign lawyer on secondment from the Toronto office of a national law firm, he was engaged in international commercial transactions, including joint ventures between US and Japanese parties. Herb takes a lead role in the firm’s Japan-focused initiatives.



Representative Matters

Herb’s experience includes acting as U.S. counsel on registered business combination transactions and public offerings under the Securities Act of 1933 (including cross-border Multi-Jurisdictional Disclosure System offerings registered with the SEC on Form F-10), unregistered private placement offerings effected in reliance on Rules 144A and 506 under the Securities Act of 1933, continuous disclosure filings under the Securities Exchange Act of 1934, and U.S. stock exchange listings.

Some examples of his representative work include:

  • Acted as U.S. securities counsel in the listing of Tahoe Resources Inc. on NYSE.
  • Acted as U.S. securities counsel in the listing of Primero Mining Corp. on NYSE.
  • Acted as U.S. securities counsel to Tahoe Resources Inc. in connection with its $1.1 billion acquisition of Rio Alto Mining Limited and its $894 million acquisition of Lake Shore Gold Corp.
  • Acted as U.S. securities counsel to Detour Gold Corporation in a US$500 million cross-border convertible note financing.
  • Acted as U.S. securities counsel to Semafo Inc. in a $100 million cross-border equity financing.
  • Acted as U.S. securities counsel to Tahoe Resources Inc. in a US$55 million cross-border equity financing.
  • Acted as U.S. securities counsel to Bear Creek Mining Corporation in a $29.9 million cross-border equity financing.
  • Acted as U.S. securities counsel to Nautilus Minerals Inc. in a $103 million cross-border rights offering that was registered with the U.S. Securities and Exchange Commission on Form F-7.
  • Acted as U.S. securities counsel to Northern Dynasty Minerals Ltd. $17.1 shelf offering take down that was qualified by a Canadian short form prospectus and registered with the U.S. Securities and Exchange Commission on Form F-3.

Speaking Engagements

CBA Skilled Lawyer Series III - Corporate Stream Panelist, Cross-Border Deals (Mergers and Acquisitions)

May 2013

Optimizing New Developments on Offerings in Canada-U.S. Cross Border Transactions Panelist, The Canadian Institute's 22nd Annual Securities Regulation & Compliance Conference

October 2012

TSX 2008 US Campaign - Going Public Workshops Panelist, Denver, April 2008, Houston, May 2008, San Diego, October 2008

2008

TSX 2008 US Campaign - Going Public Workshops Denver, April 2008, Houston, May 2008, San Diego, October 2008

2008

IR Compliance Seminar: The Do's and Don'ts of Cross-Border Investor Relations Canadian Listed Company Association

October 2006

Pipes and SOX: An Overview of Selected U.S. Securities Law and Practice Topics Canadian Corporate Counsel Association Conference

August 2005

News


Community Involvement

  • Nikkei National Museum and Cultural Centre
    Director: Since 2018
    President: Since 2019
  • North Vancouver Minor Hockey Association
    Coach / Assistant Coach: 2008-9, 2009-10, 2010-11, 2012-13
  • Hollyburn Minor Hockey Association
    Coach: 2016-17
    Assistant Coach: 2013-14; 2015-16

Directorships & Affiliations

  • American Bar Association
  • Inter Pacific Bar Association

Education & Admissions

1999
Called to the California bar
1994
Called to the British Columbia bar
1990
Called to the Ontario bar
1987
LLMLondon School of Economics
1986
LLBUniversity of British Columbia
1983
BASimon Fraser University