Steve's securities and mining law practice focuses on assisting start-up companies and businesses, including junior mining companies, with seed/venture capital funding, as well as representing both public and private companies in completing institutional debt and equity financings, flow-through share financings, corporate reorganizations and strategic mergers and acquisitions, initial public offerings, reverse take-overs and public stock exchange listings. Steve has served as a director and officer of a number of publicly listed companies and regularly advises clients on corporate governance issues and on continuous disclosure obligations and related regulatory matters.

In his commercial real estate and development practice, Steve has acted for purchasers, vendors and lenders in a variety of complex commercial and industrial real estate purchase, sale, financing, co-ownership, joint venture, design-build, build-to-suit and lease-back transactions, including the sale of a number of golf courses and purchases and sales of gold and nickel mines.

Steve's corporate and business law practice includes advising entrepreneurs in all aspects of establishing a business, whether in the form of a sole proprietorship, corporation, joint venture or general or limited partnership, including the preparation of shareholder, joint venture, limited partnership, co-ownership and similar agreements. In addition to acting on behalf of purchasers and vendors in all aspects of asset and share purchase transactions, Steve has also acted on behalf of both lenders and borrowers in connection with all aspects of debt financing transactions, including cross-border international syndicated loans.

Steven Rukavina has a diverse practice with extensive experience in corporate finance, securities, mining, real estate and development law.

Steve's securities and mining law practice focuses on assisting start-up companies and businesses, including junior mining companies, with seed/venture capital funding, as well as representing both public and private companies in completing institutional debt and equity financings, flow-through share financings, corporate reorganizations and strategic mergers and acquisitions, initial public offerings, reverse take-overs and public stock exchange listings. Steve has served as a director and officer of a number of publicly listed companies and regularly advises clients on corporate governance issues and on continuous disclosure obligations and related regulatory matters.

In his commercial real estate and development practice, Steve has acted for purchasers, vendors and lenders in a variety of complex commercial and industrial real estate purchase, sale, financing, co-ownership, joint venture, design-build, build-to-suit and lease-back transactions, including the sale of a number of golf courses and purchases and sales of gold and nickel mines.

Steve's corporate and business law practice includes advising entrepreneurs in all aspects of establishing a business, whether in the form of a sole proprietorship, corporation, joint venture or general or limited partnership, including the preparation of shareholder, joint venture, limited partnership, co-ownership and similar agreements. In addition to acting on behalf of purchasers and vendors in all aspects of asset and share purchase transactions, Steve has also acted on behalf of both lenders and borrowers in connection with all aspects of debt financing transactions, including cross-border international syndicated loans.

Significant Transactions

Real Estate and Development:

Lead counsel to the Liquor Control Board of Ontario (LCBO) in its $260 million sale to and lease back from a joint venture among Menkes Developments and Greystone Managed Investments, with Triovest Realty Advisors acting as advisor to Greystone, of its head office lands, centrally located in downtown Toronto, following an open and competitive procurement process managed by Infrastructure Ontario.

Real estate counsel to publicly listed Skyline International Development Inc. (Gil Blutrich) in its $43.2 million bond offering in Israel  secured against the historic Deerhurst  Resort, Muskoka, Ontario (excluding development lands)

Lead counsel to private ownership group comprised of Skyline International Development Inc. (Gil Blutrich), Midland Development Inc. (Alex Shnaider), Dundee Realty Inc. and Serruya Realty Group in their sale of the iconic downtown Toronto hotel, OMNI King Edward Hotel to OMNI Hotels & Resorts headquartered in Dallas, Texas

Lead counsel to Knightstone Capital Management, a private developer and operator, in its acquisition of the Primrose Best Western Hotel located in Downtown Toronto from Arsandco Investments Ltd.

Lead counsel to Skyline International Development Inc. (Gil Blutrich) in its acquisition and financing of historic Deerhurst Resort, Muskoka, Ontario

Lead counsel to private ownership group comprised of Skyline International Development Inc. (Gil Blutrich), Midland Development Inc. (Alex Shnaider), Dundee Realty Inc. and Serruya Realty Group in their acquisition and financing of iconic downtown Toronto hotel, Le Meridien King Edward Hotel

Lead counsel to Honeywell International Inc. in its acquisition of 600 acre former site of an industrial chemical plant in Amherstburg, Ontario

Lead counsel to publicly listed Pure Industrial Real Estate Investment Trust in its $360 million acquisition and financing (including mortgage assumptions) of a portfolio of 59 industrial tenanted properties in Ontario from GE Canada Real Estate Equity indirectly through Slate Properties Inc.

Advised publicly listed Pure Industrial Real Estate Investment Trust in its $70 million acquisition and financing (including mortgage assumptions) of a portfolio of 16 industrial tenanted properties in Alberta and Ontario from Canadian Urban Limited

Acted on behalf of Toronto Economic Development Corporation as landlord in $28.5 million ground lease construction financing of Toronto Filmport project with GE Canada

Represented private borrower in $70 million cross-border financing of portfolio of industrial properties with Wells Fargo

Lead counsel to The Azrieli Foundation in its $98.8 million acquisition of Airport Corporate Centre Real Estate Portfolio from GE Canada Real Estate

Acted on hundreds of real estate purchase and sale transactions having an aggregate value of over $3 billion

Acted on behalf of private borrowers in over $1 billion in acquisition, mezzanine and construction financing

Represented private borrower in $180 million cross-border syndicated loan financing of a portfolio of Canadian industrial properties with Bank of America

Represented private borrower in $80 million cross-border financing of a portfolio of Canadian industrial properties with MassMutual Life Insurance Company

Represented IGRI Inc. in connection with its $61 million sale of a portfolio of industrial and commercial properties to IGRI Industrial Fund

Acted for Giffels Management Limited in its acquisition, assembly, financing, development, construction, lease-up and sale of $68 million state-of-the-art 600,000 sq.ft. national industrial distribution and logistics centre

Acted for Giffels Management in its $30 million purchase of industrial lands from Ontario Realty Corporation

Acted for private owners in their sale of Blue Springs (Acton, Ontario) and Kanata Lakes (Ottawa, Ontario) Golf and Country Clubs to ClubLink Corporation

Lead counsel to private owners in separate sales of $45 million, $22.5 million and $10.5 million shopping centres

Securities and Mining:

Lead counsel to Honeywell International Inc. (NYSE:HON) in its $455 million acquisition by way of a plan of arrangement of COM DEV International Ltd. (TSX:CDV), a leading satellite and space components provider of switches and multiplexers, headquartered in Cambridge, Ontario

Acted for Boulevard Industrial Real Estate Investment Trust (TSX V: BVD) in connection with its disposition by way of a plan of arrangement to PRO Real Estate Investment Trust pursuant to which PROREIT acquired 100% of the issued and outstanding trust units and debentures of Boulevard

Lead counsel to Boulevard Industrial Real Estate Investment Trust in its formation, financing and listing on TSX-V as a new industrial REIT and in providing continuing securities, governance and real estate acquisition and financing transaction advice

Lead counsel on $11.5M Initial Public Offering and TSX Listing of First Nickel Inc. (TSX: FNI) and $20 million Convertible Note Offering

Acted on $16 million Initial Public Offering and TSX-V listing of Amazon Mining Inc. (TSX-V: AMZ)

Acted on over $20 million in flow-through and hard dollar private placement financings for Pele Mountain Resources Inc. (TSX-V: GEM)

Represented issuers in over $250 million in public and private equity financings

Acted for owners in sale of gold mine and purchase of nickel mine

Negotiated option and joint venture agreements with the world's leading diamond (DeBeers), gold (Goldcorp) and nickel (Falconbridge) producers

Corporate/M&A:

Lead counsel to Honeywell International Inc. (NYSE:HON) in its $455 million acquisition by way of a plan of arrangement of COM DEV International Ltd. (TSX:CDV), a leading satellite and space components provider of switches and multiplexers, headquartered in Cambridge, Ontario

Acted for Ingenium Group Inc./Ingenium Constructors Inc., an employee-owned international integrated professional architectural, engineering, consulting, design-build and partnership solutions provider headquartered in Toronto, Ontario, in its sale of its construction arm,  Giffels Westpro, and related assets and projects located in British Columbia, Alberta, Ontario and Quebec, to Pomerleau Inc., one of Canada's leading construction firms headquartered in Quebec, increasing Pomerleau's project backlog by over $200 million

Lead counsel to Caledon Propane Inc. and its founder, Hugh D. Sutherland, a family-owned propane distributor serving residential and commercial customers in Ontario and Manitoba,  in its $8 million sale of its propane business to Superior Plus Corp, Canada's largest propane distribution company.

Lead counsel to Ingenium International Inc., an employee-owned international integrated professional architectural, engineering, consulting, design-build and partnership solutions provider headquartered in Toronto, Ontario in its disposition of NORR Group Consultants Limited, its professional architectural, engineering, planning and project management services arm for the Middle East and North African region

Acted for Ingenium International Inc., an employee-owned international integrated professional architectural, engineering,  consulting, design-build and partnership solutions provider headquartered in Toronto, Ontario, in its acquisition of Environetics Design Inc.,  an integrated practice of architects, engineers and interior designers with offices in Philadelphia and Malvern, PA, USA

Lead counsel to Ingenium Group Inc. in its sale of Giffels (Engineering Division) to IBI Group

Lead counsel to Ingenium Group Inc. in its acquisition of consulting firms Coulter Building Consultants Ltd.

Lead counsel to Ingenium Group Inc. in its acquisition of consulting firms Stonefield Development Consultants

Lead counsel to Giffels Management Limited in its sale of its asset, property and development management business to IG Realty Investments Inc. and IG Realty Advisors Inc.

Publications

"OSC Finds Mining Disclosure Misses the Mark", WeirFoulds Client Update, July 2013 (with Wayne Egan and Michael Gunsolus*)

"2013 Ontario Budget: Capital Markets Essentials", WeirFoulds Client Update, May 2013 (with Wayne Egan)

"2013 Federal Budget - Essentials for the Mining Industry", WeirFoulds Client Update, May 2013 (with Wayne Egan and Maralynne Monteith)

National Post - Financial Post Section Article, "Credit with Caveats: Small Firms Still Find Financing" (December 17, 2007)

Co-authored (with Wayne Egan) "Your Governance Policies - Are they Sustainable?" published in the Ontario Prospector (Fall 2006/Winter 2007)

Co-authored (with Wayne Egan) O'Brien's Forms - Chapter 41, "Mines and Minerals"

Co-authored (with Derry Millar) Canada's contribution to International Product Liability, an international publication sponsored by the Centre for International Legal Studies

Awards & Recognition

Acritas Stars: Independently Rated Lawyers (Nominated as a stand-out lawyer by senior in-house counsel)

Recognized as a leading practitioner in Real Estate Law in Best Lawyers® in Canada 

Chair of Firm's Corporate Team (January 2007 to December 2012)

Former Member of Firm's Management Committee (January 2002 to December 2006)

Affiliations

Law Society of Upper Canada

Ontario Bar Association

Toronto Lawyers Association

Corporate Directorship

Pele Mountain Resources Inc. (TSX-V: GEM)

Partner

Toronto
Direct 416.947.5097
Fax 416.365.1876
rukavina@weirfoulds.com

Practice Areas

Commercial Real Estate and Land Development

Corporate

Securities and Mining

Called to the Bar
Ontario (1994)
Education
University of Western Ontario
LL.B. 1992

University of Toronto
B.Comm. 1989

Awards & Recognition

Acritas Stars: Independently Rated Lawyers (Nominated as a stand-out lawyer by senior in-house counsel)

Recognized as a leading practitioner in Real Estate Law in Best Lawyers® in Canada 

Chair of Firm's Corporate Team (January 2007 to December 2012)

Former Member of Firm's Management Committee (January 2002 to December 2006)

Affiliations

Law Society of Upper Canada

Ontario Bar Association

Toronto Lawyers Association

Corporate Directorship
Pele Mountain Resources Inc. (TSX-V: GEM)

Called to the Bar

Ontario (1994)

Education

University of Western Ontario
LL.B. 1992

University of Toronto
B.Comm. 1989