Modernizing the Ontario Business Corporations Act
On December 8, 2020, the Ontario legislature enacted the Better for People, Smarter for Business Act, 2020 (the “Act”),[1] which provides key amendments to both the Ontario Business Corporations Act […]
WeirFoulds welcomes three new associates
WeirFoulds is pleased to welcome three new associates to the firm in the following practice areas: Dara W. Azari – Securities Law Dara is an associate in WeirFoulds’ Securities Practice […]
WeirFoulds represents Antibe Therapeutics in a $40M public offering
On February 24, 2020, Antibe Therapeutics Inc. (“Antibe”) (TSX: ATE) announced that it closed a bought deal public offering of 6,727,500 units (the “Units”) raising aggregate gross proceeds of $40,365,000. […]
WeirFoulds represents Lower Valley Beverage Company Ltd., maker of Sapsucker, in closing of equity investment with District Ventures Capital
On February 10, 2021, District Ventures Capital announced that it has made an undisclosed amount equity investment in Lower Valley Beverage Company Ltd., the maker of Sapsucker. WeirFoulds acted as […]
Here’s the Drill: Strategic Procurement – Drawbacks of Using Nonnegotiable Supplementary Conditions in RFPs
Requests for proposals (“RFPs”) are a popular procurement model for those looking to hire a construction contractor. RFPs will commonly stipulate the form of contract the owner intends to use. […]
WeirFoulds represents Psyence Group Inc. in listing on the CSE and subsidiary in $9.3M private placement
On January 26, 2021, Psyence Group Inc. (“Psyence”) (CSE: PSYG) announced that its common shares would begin trading on the Canadian Securities Exchange. Psyence listed after completing a reverse take-over […]
Here’s the Drill: Prompt Payment – Are your contracts in order?
In October 2019, the prompt payment rules were introduced to Ontario’s construction industry as part of the province’s updated Construction Act. The rules mark a significant shift with respect to […]
WeirFoulds welcomes two former associates to the partnership
WeirFoulds is pleased to announce that Rochelle Perera and Thomas Wong have joined the partnership effective January 1, 2021. Our two newest additions to the partnership each demonstrate a commitment […]
TSXV Introduces Changes to Capital Pool Company Program
Introduction On December 1, 2020, the TSX Venture Exchange (“TSXV” or the “Exchange“) announced changes to its Capital Pool Company (“CPC“) program, effective January 1, 2021.[1] Revisions to TSXV Policy […]
WeirFoulds represents StageZero Life Sciences Ltd. in $7.2M public offering
On December 4, 2020, StageZero Life Sciences Ltd. (“StageZero”) (TSX: SZLS) announced that it closed its previously announced public offering of 9,243,700 units (the “Units”) raising aggregate gross proceeds of […]
WeirFoulds welcomes three new associates
WeirFoulds is pleased to welcome three new associates to the firm in the following practice areas: Viktoria Grafstrom – Construction Law Viktoria is an associate in the Construction Law Practice […]
WeirFoulds welcomes senior environmental lawyer Janet Bobechko
WeirFoulds is delighted to announce that Janet Bobechko has joined the firm as a partner in our Environmental Law and Corporate & Commercial Practice Groups. Janet joins WeirFoulds as a […]
WeirFoulds represents Orford Mining Corp. in closing of $5.25 million financing
On October 19, 2020, Orford Mining Corp. (“Orford”, or the “Company”) (TSX: VENTURE ORM) announced the closing of its non-brokered private placement of: (i) flow-through units at an issue price of C$0.315 […]
WeirFoulds represents iManage in its acquisition of Closing Folders
On August 24, 2020, iManage announced its acquisition of Closing Folders, the market leader in legal transaction management. The acquisition uniquely enables iManage to deliver automation and governance over transactions […]
WeirFoulds welcomes six new associates
WeirFoulds is pleased to welcome back five of our former articling students as associates and welcome one new associate to the firm. They join WeirFoulds in the following practice groups: […]