Represented Trevali Mining Corporation (TSX:TV) in connection with the acquisition of a portfolio of zinc assets, including an 80% interest in the Rosh Pinah mine in Namibia and a 90% interest in the Perkoa mine in Burkina Faso, for an aggregate purchase price of US$417.86 million.
Represented Trevali Mining Corporation (TSX: TV) in connection with a $14,950,000 public offering.
Represented Trevali Mining Corporation (TSX: TV), as Canadian counsel, in connection with the $8.4 million supplemental note indenture.
Represented Transeastern Power Trust (TSXV: TEP.un and TEP.db) on its acquisition of two photovoltaic solar power production plants in Romania for a gross purchase price of over $40 million and concurrent debt and equity financings valued at over $18 million.
Represented Feronia Inc. (TSX: FRN), a large-scale commercial farmland and plantation operator in the Democratic Republic of the Congo, in connection with its recent US$9.18M private placement and previous US$7.15M private placement led by CDC Group plc, the UK Government’s Development Finance Institution.
Represented National RV Communities LLC (now part of the Carefree Communities Inc.) in the completion of two acquisition transactions of vacation parks in Ontario. In Q3, 2013, we acted for this U.S. based client in connection with:
Transaction 1: The acquisition, structuring and financing of the Sherkston Shores property for approximately CAD$90 million. We worked with U.S. counsel in the simultaneous acquisition of Florida and Ontario properties from the same seller group with combined cross-border cross-collateralized financings. The matter value was $90 million; and
Transaction 2: The acquisition of 13 Ontario properties from 14 sellers within one ownership group for approximately CAD$33 million with combined cross-border, cross-collateralized financings. The matter value was $33 million. This transaction closed in January 2014.
We acted for the purchaser in both transactions, which included not only the acquisition of the real estate (challenging in its own right due to the complexity of the titles as well as involving more than 20 parcels and over 16 municipal requirements), but also the tax reorganization needed by the sellers. In the midst of the Sherkston Shores transaction, the buyer itself was acquired, which meant that the acquirer of the buyer and its counsel and its lenders and their counsel were now actively involved in every aspect of the transaction and we became involved in the acquirer’s financing. Since these were cross-border transactions, ultimately with an American REIT owning non-U.S. real estate, the U.S. REIT rules for ‘good’ and ‘bad’ income had to be managed.
Acted for Transeastern Power Trust (TSXV: TEP.un and TEP.db) on its initial public offering of units and convertible unsecured subordinate debentures for aggregate gross proceeds of approximately $23,000,000.
Assisted National RV Communities LLC in connection with the acquisition, structuring and financing of the Sherkston Shores property for approximately CD$90 million.
Assisted Trevali Mining Corporation (TSX:TV) in connection with a short form prospectus offering of its common shares raising gross proceeds of CAD $46,006,900.