WeirFoulds represents Arena Investors, LP in the closing of multiple transactions with Lithium Energi Exploration, Inc.
On March 21, 2023, it was announced that Lithium Energi Exploration, Inc. (LEXI) settled all amounts owing to Arena Investors, LP (Arena) from a prior debt facility, through the issuance […]
Use of OM Exemption by Real Estate Issuers and Collective Investment Vehicles
Executive Summary Issuers engaged in the real estate sector (Real Estate Issuers) and issuers who pool money to invest in a portfolio of securities (Collective Investment Vehicles) are facing significant […]
WeirFoulds Represents Mink Ventures Corporation in Closing of Qualifying Transaction and Concurrent Financing
On December 23, 2022, Mink Ventures Corporation (“Mink Ventures”) (TSXV: MINK) announced that it had completed its previously announced “Qualifying Transaction” with Voltage Metals Corp. in accordance with the policies […]
WeirFoulds represents Pelangio Exploration Inc. in Closing of Non-Brokered Private Placements
On December 16, 2022, Pelangio Exploration Inc. (“Pelangio”, or the “Company”) (TSXV: PX) announced the final closing of its non-brokered private placement offering of units (“Units”). Pelangio raised a total […]
WeirFoulds represents Nuinsco Resources Limited in Optioning of Sunbeam Gold Project
On October 4, 2022, Nuinsco Resources Limited announced that it had entered into an option agreement with First Class Metals PLC for Nuinsco’s Sunbeam gold project. The option agreement provides […]
Prospectus Exemption Intended for Individuals with Relevant Proficiency Requirements: The “Self-Certified Investor Prospectus Exemption”
Introduction On October 25, 2022, the Ontario Securities Commission (“OSC”) announced a new order, Ontario Instrument 45-507 entitled “Self-Certified Investor Prospectus Exemption” (“OSC Order”), pursuant to which relief is granted […]
A New Prospectus Exemption Intended for Smaller Issuers – The “Listed Issuer Financing Exemption”
Introduction On September 8, 2022, the Canadian Securities Administrators (“CSA”) announced that they have approved a new prospectus exemption under National Instrument 45-106 Prospectus Exemptions for issuers listed on Canadian […]
50 WeirFoulds lawyers have been recognized in Best Lawyers in Canada and Best Lawyers: Ones to Watch
WeirFoulds congratulates 42 of our lawyers on being recognized in the 2023 edition of Best Lawyers in Canada, and eight of our associates and partners on being recognized in the […]
WeirFoulds Represents XAU Resources Inc. in Closing of Qualifying Transaction and Concurrent Financing
On June 20, 2022, XAU Resources Inc. (TSXV: GIG) announced that it had completed its previously announced “Qualifying Transaction” with North West Exploration Inc. in accordance with the policies of […]
WeirFoulds Securities Law Update: Concise, Informative Updates on Securities Law Developments for the Canadian Marketplace
Recent developments include: The publication of the draft Capital Markets Act for public consultation; The proposed consolidation of IIROC and MFDA and creation of a new investment protection fund; Changes […]
New Guidance on ESG-Related Investment Fund Disclosure: The CSA Releases Staff Notice 81-334
As interest in environmental, social and governance (ESG) investing continues to grow at a rapid pace in Canada, so do concerns about the increased potential for “greenwashing”, whereby an investment […]
WeirFoulds Managing Partner Wayne Egan speaks on the legal trends to look forward to in 2022 with the Law Times
Wayne Egan, Managing Partner at WeirFoulds recently weighed in on his views of the legal trends lawyers should expect in 2022 with the Law Times. In an article published on […]
WeirFoulds represents Orford Mining Corp. in a $4.4M private placement
On December 22, 2021, Orford Mining Corp. (Orford Mining) (TSXV: ORM) announced that it closed a non-brokered private placement raising gross proceeds of $4,437,902.61 from the sale of flow-through shares and hard dollar […]
WeirFoulds Associate Dana Kriszenfeld discusses the present and future of psilocybin as a medical treatment in Canada with Lexpert Magazine
On December 13, 2021, Lexpert Magazine published an article authored by WeirFoulds Associate Dana Kriszenfeld from our Private Equity Practice Group and Articling Student Emma Brown. In their article, Dana and Emma discuss […]
WeirFoulds represents StageZero Life Sciences Ltd. in $4.2M private placement
On November 26, 2021, StageZero Life Sciences Ltd. (“StageZero”) (TSX: SZLS) announced that it closed its previously announced private placement of its Common Shares and Warrants to purchase Common Shares with institutional […]