Sun Entertainment Holding Corporation completes Going Private Transaction

suntsh10 We recently assisted Sun Entertainment Holding Corporation (“Sun Entertainment”) with the structuring and completion of its going private transaction, whereby a small group of majority shareholders became the sole shareholders of Sun Entertainment and the company was voluntarily delisted from the TSX Venture Exchange.  Sun Entertainment’s going private transaction was completed pursuant to new Articles which were approved by the disinterested shareholders of Sun Entertainment and provided for the redemption of the outstanding common shares held by the minority shareholders of Sun Entertainment at a premium to market price. … ... View full post

REALnorth Opportunities Fund completes $10.6 million Initial Public Offering (IPO)

REALnorthWe recently assisted REALnorth Opportunities Fund (“REALnorth”) in completing its initial public offering (IPO) (the “Offering”) comprised 10,623 trust units at $1,000 per trust unit for gross proceeds of $10,623,000.  The Offering was completed on a best efforts basis by a syndicate of agents co-led by Dundee Securities Ltd. and Scotia Capital Inc. and including BMO Nesbitt Burns Inc., Canaccord Genuity Corp., GMP Securities L.P., National Bank Financial Inc., Burgeonvest Bick Securities Ltd., Raymond James Ltd. and Integral Wealth Securities Limited.… ... View full post

GreenPower Motor Company Inc. Reverse Takeover and $3.28 Million Financing

Electric-Bus-EV350 We recently assisted with the completion of the going public transaction for GreenPower Motor Company Inc. (TSXV:GPV) (“GreenPower”), which was completed by way of a reverse takeover of Oakmont Minerals Corp. (TSXV:OMK).  In connection with its going public transaction, GreenPower also completed a private placement to raise approximately $3.28 million, partially on a brokered basis.  GreenPower is an electric bus manufacturer with a focus on the North American market.  The EV350 electric bus is GreenPower’s flagship product.  It is a 12 meter electric bus deploying the latest electric drive, battery technologies, and battery management system combined with a lightweight chassis and low floor body. … ... View full post