Yaniv Saragosti

Yaniv Saragosti  


Executive Summary

Yaniv Saragosti specializes in business law with an emphasis on mergers and acquisitions (private and public) and corporate finance such as private placements and public financings. He also advises businesses of all types with respect to general commercial matters including the negotiation, drafting and review of commercial agreements. Yaniv has experience advising small, medium and large businesses and regularly works with entrepreneurs, owner operators, executives and in-house counsel.

Representative Work

  • Acted for Panache Ventures in their new fund formation and initial investor commitments.
  • Acted for Servier Canada, in the context of their $21,000,000 investment along with Fonds de solidarité FTQ and CTI Life Sciences Fund to create ILKOS THERAPEUTICS inc., a new Québec biotechnology firm.
  • Acted for CiToxLAB Group Inc. in connection with its acquisition of AccelLAB Inc.
  • Acted for ProMetic Life Sciences Inc., a Toronto Stock Exchange listed issuer, in connection with the closing of a bought deal public offering of 19,400,000 common shares, conducted through a syndicate of underwriters, for aggregate gross proceeds of $60,140,000 and the concurrent private placement entered into with Structured Alpha LP, for the subscription of 1,921,776 common shares.
  • Acted for O'Leary Funds Management LP in connection with the sale of its mutual fund business to Canoe Financial LP.
  • Represented MRRM Inc. in the context of its going-private transaction and amalgamation with a wholly-owned subsidiary of Marbour S.A.S.
  • Acted for Qwave Capital LLC, a U.S. based private equity firm, in connection with its $17 million unsolicited take-over bid on the TSX Venture Exchange listed online lending company, IOU Financial Inc.
  • Acted for the underwriters in the context of a bought deal offering under a short form prospectus of convertible unsecured subordinated debentures of Innergex Renewable Energy Inc. for an aggregate principal amount of $100 million.
  • Advised Doris Inc. and its shareholders in connection with the sale of Doris' Canadian, US and Hong Kong business to Gildan Activewear Inc.
  • Acted for ProMetic Life Sciences Inc. in connection with a bought deal public offering of 13,200,000 common shares, conducted through a syndicate of underwriters, for aggregate gross proceeds of $25,080,000.
  • Represented BDC Venture Capital and Investissement Québec in the context of their investment in White Star Capital, a transatlantic seed vehicle based in Guernsey investing in start-up companies in the fields of social media, gaming and e-commerce.
  • Acted as Canadian counsel to Strides Arcolab Limited in the context of the sale of their Agila Specialties Pharma Corporation business to Mylan Inc. for a total consideration of up to US$1.75 billion.
  • Acted for ProMetic Life Sciences Inc. in connection with its public offering of a total to 26,651,400 common shares conducted on a best efforts basis by a syndicate of agents, for total gross proceeds of $23,986,260.
  • Acted for Northland Power in bidding on a call for tenders by Hydro-Québec for a 450 megawatt wind farm project.
  • Acted as Canadian counsel for the banks that led the syndicate financing the offering of senior notes for Québecor Média Inc. consisting of a Canadian tranche of $500 million and an American tranche of $850 million.
  • Acted for Eaton Vance Corp. in respect of its acquisition of an interest in Hexavest Inc., a Québec-based fund manager.
  • Advised institutional investors in respect of the creation of iNovia Fund III, a $110-million venture capital fund with a focus on the digital media, Internet and communications sectors.
  • Acted for Aurvista Gold Corporation (TSX-V: AVA) in connection with its acquisition of a 100% interest in certain gold mining claims in Northern Québec and its concurrent initial public offering of shares and initial listing on the TSX-V. Pursuant to the IPO, Aurvista issued units comprising one common share and one-half of one common share purchase warrant, as well as common shares that qualify as "flow‑through shares" as defined in the Income Tax Act (Canada).
  • Acted for Sky Alliance Resources Guinee SA in connection with its reverse take-over of the TSX-V-listed mining company now known as West African Iron Ore Corp. (formerly Westward Explorations Ltd.) (TSX-V: WAI) with mining assets in Guinea. This transaction was completed, concurrently with a private placement financing.
  • Acted for A&D Prévost Inc., a North American leader in the field of architectural aluminum, in connection with a change of control transaction involving a $30-million investment by Capital régional et coopératif Desjardins.

Publications & Presentations

  • "Notice and Access: Proposed Amendments to Rules Governing the Transmission of Proxy-Related Materials to Shareholders," October 4, 2011.
  • "CSA Staff Notice 51-333: Enumerating the Components of Comprehensive Environmental Disclosure," BLG Securities & Capital Markets Alert, November 12, 2010.