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Adria Leung Lim

Partner Admitted to the Ontario Bar: 2010
Admitted to the Alberta Bar: 2010

Adria enjoys the fast-paced and challenging nature of securities law. By drawing on her business background, Adria leverages her expertise to advise public companies across a variety of industries, including mining, cannabis and technology. With her clients’ interests top of mind, Adria provides pragmatic advice and effective solutions to issues that arise from negotiating and closing complex transactions.

Adria is a member of the firm’s Capital Markets Group. Her practice focuses on executing corporate finance and mergers and acquisitions transactions for both public and private issuers and investment dealers. She also advises on general securities compliance matters such as corporate governance, continuous disclosure and other regulatory matters.

Prior to beginning her legal practice, Adria worked for a large financial institution and a Big Four accounting firm.

Other Languages

Cantonese

Professional Involvement

Community Involvement

  • Director, Ontario Federation for Cerebral Palsy
  • Big Brothers Big Sisters of Canada
  • Habitat for Humanity
  • YMCA

Representative Matters

Represented Thar Process, Inc., a U.S.-based provider of CO2 extraction and purification solutions for the hemp and cannabis industries, in the completion of a US$10 million private placement.

Represented Harborside Inc. (formerly Lineage Grow Company Ltd.) (CSE: HBOR) in the completion of its reverse takeover of FLRish, Inc. pursuant to the terms of a merger agreement among the Company, FLRish and Lineage Merger Sub Inc. by way of a “three-cornered merger.”

Represented Harvest One Cannabis Inc. (TSXV: HVT), a global cannabis company in the health and wellness space, in its acquisition of biotechnology company Delivra Corp.

Represented Santé Veritas Holdings Inc. in connection with a business combination with Baker Technologies, Inc., Briteside Holdings, LLC and Sea Hunter Therapeutics, LLC to form TILT Holdings Inc.

Represented Golden Reign Resources Ltd. in connection with a business combination through a plan of arrangement with Marlin Gold Mining Ltd.

Represented Lundin Mining Corporation in its agreement to purchase an 80% ownership stake in the Candelaria/Ojos del Salado copper mining operations and support infrastructure from Freeport-McMoRan Inc. for total cash consideration of US$1.8 billion and contingent consideration of up to US$200 million.

Represented Rubicon Minerals Corporation in its $10 million flow-through financing.

Represented CannaRoyalty in its $15 million bought deal offering.

Represented Dundee Precious Metals Inc. with the closing of its $43.7 million strategic equity investment by the European Bank for Reconstruction and Development.

Represented AGT Food and Ingredients Inc. in its $200 million senior notes offering.

Represented EcoSynthetix Inc. in its $100 million initial public offering.

Represented Volta Resources Inc. in its private placement of special warrants for aggregate gross proceeds of $40 million.

Represented the underwriting syndicate in Sarama Resources Ltd.’s $16.7 million initial public offering.

Represented Auryx Gold Corp. in its business combination with B2Gold Corp.

Represented Socius Capital Group, LLC in its $150 million private placement with Xcite Energy Limited.

Represented Southern Andes Energy Inc. in its merger with Macusani Yellowcake Inc.

Represented Starlight Investments Ltd. in its $2.3 billion acquisition of Transglobe Apartment Real Estate Investment Trust.

Represented Wand Capital Corporation’s initial public offering and qualifying transaction through a plan of arrangement with True North Apartment Real Estate Investment Trust.

Represented New Gold Inc. in its $500 million private offering of senior notes.

Represented Tanq Capital Corporation’s initial public offering and qualifying transaction through a plan of arrangement with True North Commercial Real Estate Investment Trust.

Represented Sandstorm Gold Ltd. in its acquisition of $70.7 million worth of common shares and warrants of Premier Gold Mines Ltd.

Represented Sandstorm Gold Ltd. and execution of a $55 million comprehensive financing package with Entree Gold Inc.

Represented True North Commercial Real Estate Investment Trust in its $55.7 million bought deal offering of trust units.

Represented Colossus Minerals Inc. in its June 2013 $28.7 million bought deal offering of common shares, and its August 2013 $37.9 million public offering of units consisting of common shares and warrants.

Selected Speaking Engagements

Speaker, "Ethical Issues when Buying or Selling a Business," OBA 7th Annual Professional Issues for Business Lawyers, October 23, 2019.

Education

  • LLB, University of Alberta, 2009
  • B.Comm. (with distinction), University of Alberta, 2006
  • B.Comm. (Business Exchange Program), Hong Kong University of Science and Technology, 2005