On May 22, 2003, NCE Petrofund completed a bought deal financing, resulting in the issuance of 9.2 million trust units for aggregate gross proceeds of $97.5 million. The underwriting syndicate was led by CIBC World Markets Inc., co-led by National Bank Financial Inc. and included BMO Nesbitt Burns Inc., RBC Dominion Securities Inc., TD Securities Inc., Scotia Capital Inc., Canaccord Capital Corporation and Raymond James Ltd.
NCE Petrofund was represented by Goodman and Carr LLP, with a team that included Marvin Singer, Jenny Chu Steinberg, Linda Misetich and Ivan Grbesic (securities) and Bernard Morris and Peter Jovicic (tax). The underwriters were represented by Burnet, Duckworth & Palmer LLP, with a team that included Keith Greenfield and Jeremy Matthies (securities) and John Brussa (tax).
NCE Petrofund was represented by Goodman and Carr LLP, with a team that included Marvin Singer, Jenny Chu Steinberg, Linda Misetich and Ivan Grbesic (securities) and Bernard Morris and Peter Jovicic (tax). The underwriters were represented by Burnet, Duckworth & Palmer LLP, with a team that included Keith Greenfield and Jeremy Matthies (securities) and John Brussa (tax).
