Andrew Powers

Andrew Powers  

Partner

Executive Summary

Andrew Powers is a partner in the Toronto office of Borden Ladner Gervais LLP. Andrew focuses on corporate and securities matters with an emphasis on corporate finance and mergers and acquisitions. He has acted for public and private companies and investment dealers on a range of acquisitions, securities offerings and other corporate transactions. Andrew's experience in corporate finance includes advising issuers and investment dealers on public and private offerings of debt and equity securities, both domestically and cross-border, with an emphasis on the mining and precious metals sector.

Representative Work

  • Sandstorm Gold Ltd. in its US$152 million multi-asset stream transaction with Yamana Gold Inc.
  • Blackstone Tactical Opportunities Fund in its US$540 million construction financing package with Orion Mine Finance Group to Pretium Resources Inc.
  • Newcastle Gold Ltd. in its acquisition of Catalyst Copper Corp. for approximately $33 million by way of plan of arrangement.
  • Dominion Diamond Corporation in its acquisition of the diamonds business of BHP Billiton, comprised of its controlling interest in the EKATI Diamond Mine and its diamonds marketing operations in Belgium for approximately $550 million.
  • Legend Gold Corp. in its acquisition of Corado Resources Ltd., its acquisition of several exploration-stage assets in Mali from Endeavour Mining Corporation and a related $6 million private placement of common shares.
  • Chemtrade Logistics Income Fund in its acquisition of Marsulex Inc. for approximately $420 million by way of plan of arrangement and the related $149.5 million financing by way of public offering of subscription receipts.
  • Magna International Inc. in its dual class share capital reorganization by way of plan of arrangement.
  • IBM in its acquisition of Cognos Incorporated for approximately $5 billion in cash by way of plan of arrangement.
  • Telegraph Gold Inc. in its acquisition of the Castle Mountain property from Sprott Resource Lending Corp. and Leucadia National Corporation for approximately $8 million.
  • Castle Mountain Mining Company Limited (formerly Telegraph Gold Inc.) in its amalgamation with Foxpoint Capital Corp., a capital pool company, which constituted Castle Mountain's Qualifying Transaction.
  • CanniMed Therapeutics Inc. in its $60 million initial public offering of common shares and listing on the TSX.
  • The underwriters, led by GMP Securities L.P., in the $130 million bought deal private placement of subscription receipts of Klondex Gold Ltd.
  • The underwriters, led by Scotia Capital Inc., in the $33 million public offering of subscription receipts in connection with the $325 million construction financing package to Lydian International Limited.
  • The underwriters, led by Clarus Securities Inc., in the $17.5 million bought deal public offering of common shares of Golden Predator Mining Corp.
  • The underwriters, led by Clarus Securities Inc., in numerous bought deal public offerings of common shares of Aphria Inc., raising aggregate proceeds of approximately $190 million.
  • The agents, led by Clarus Securities Inc., in the $60 million private placement of units of Aphria USA.
  • Eight Capital, as underwriter, in the $24.5 million bought deal public offering of units of Emerald Health Therapeutics Inc.
  • The agents, led by GMP Securities L.P., in the $40 million public offering of subscription receipts and $25 million concurrent private placement of high-yield notes by Klondex Mines Ltd. relating to Klondex's acquisition of the Midas mine and mill complex from Newmont Mining Corporation.
  • The underwriters, led by Citigroup Global Markets Inc., in the cross-border private placement offering of US$650 million of unsecured senior notes of IAMGOLD Corp.
  • Kinross Gold Corporation in its cross-border private placement offering of US$1billion of unsecured senior convertible notes.
  • The underwriters, led by Clarus Securities Inc., in the $20 million bought deal public offering of common shares of UrtheCast Corp.
  • The underwriters, led by RBC Dominion Securities Inc., in the $390 million secondary offering by Hochschild Mining plc of common shares of Lake Shore Gold Corp.
  • The underwriters, led by BMO Capital Markets, in numerous bought deal offerings of common shares and flow-through common shares of Lake Shore Gold Corp.
  • The underwriters, led by GMP Securities L.P., in the $52 million initial public offering of units of Stonegate Agricom Ltd.
  • The underwriters, led by GMP Securities L.P., in the US$50 million northbound Multijurisdictional Disclosure System (MJDS) public offering of common shares of U.S. Gold Corporation.
  • The agents, led by MGI Securities Inc., in the $14 million initial public offering of flow-through units and non flow-through units of Northern Iron Corp.
  • The underwriters, led by GMP Securities L.P., in the $30 million private placement of flow-through shares and units of Metalex Ventures Ltd.

Publications & Presentations

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