Galantas Gold Corporation successfully closed a private placement offering of Units, attracting strategic and institutional investors including Eric Sprott, Ocean Partners UK Limited, and Melquart Limited. The proceeds will fund exploration and development work on gold and copper projects in Chile while supporting general corporate operations.

In the Canadian market, SunGard provisions have become more prevalent in commitment letters for large Canadian acquisition financings in the last few years.

Between June 2014 and December 2015, the price of a barrel of oil was cut roughly in half, resulting in a significant downturn in the earnings of companies with businesses connected to the oil industry.

It is quite common that an existing credit facility has to be paid out in connection with the completion of an M&A transaction.

A lender financing the acquisition of assets by its borrower may intuitively believe that it will acquire a purchase money security interest (a "PMSI") over the purchased assets, and enjoy the benefits...

Non-bank lenders are increasing their market presence in both acquisition financing and the provision of financial solutions for ongoing operations, including in the asset-based lending context.

The standard Canadian mid-market buyout transaction involves both a senior loan with a Canadian bank and the buyer contributing equity to fund the purchase price.

Earlier this month, Canada and the European Union unveiled the Comprehensive Economic and Trade Agreement (CETA), a trade initiative designed to benefit Canadians — from individual workers and consumers to large scale corporations — by way of eliminating tariffs for Canadian goods entering the EU market ...

Earlier this month saw the closing of the comment period for the Ontario Securities Commission’s (OSC) Staff Consultation Paper 58-401 Disclosure Requirements Regarding Women on Boards and in Senior Management.

Every owner knows that they are going to leave their business at some point in the future and it’s never too early to consider an exit strategy.

Part 1 of our series on social media looked at how new technologies have started infiltrating the M&A landscape. But the question we aim to answer here is: to what end?

The catalogue of popular social networking sites continues to grow as more and more consumers – both individual and corporate – sign-up by the millions.

On November 6, 2020, the Government of Ontario issued Order in Council 1499/2019 directing the Independent Electricity System Operator

The Trump administration's attack against the Canadian economy may have more than just economic consequences.

On May 31, 2016, the Delaware Court of Chancery ruled in In re: Appraisal of Dell Inc. that the "fair value" of Dell's common stock at the time of its 2013 management-led buyout (MBO) was US$17.62 per share, over 28% higher than the US$13.75 per share the company's stockholders received under the merger.

In the Report, the OSC expresses its continued concern with the use of non-GAAP financial measures.

In the past a buyer that intended to fund the purchase price for an acquisition using third-party debt financing would frequently try to negotiate for a condition precedent in the purchase agreement...

There’s no greater feeling than looking at your business and seeing firsthand the success you have achieved.

Despite resilient public markets in the past two years, investment managers have found it challenging to find exits, in part due to some private assets remaining overvalued and an ongoing freeze-up in traditional dealmaking.

Business owners and executives often look to corporate acquisitions as a key component of their company’s growth strategy.