On September 19, 2006 Shiningbank Energy Ltd., a wholly owned subsidiary of Shiningbank Energy Income Fund successfully completed a takeover bid of all the issued and outstanding common shares of Find Energy Ltd. in exchange for trust units of Shiningbank, for an approximate total value of $443 million, including approximately $65 million of assumed net debt. Shiningbank is a natural gas weighted energy trust which on closing had a market capitalization of approximately $1.9 billion.
Shiningbank was represented by Gowling Lafleur Henderson LLP with a team that included Richard Clark, Kurtis Kulman and Evan Low (securities), and Robert McCue and Eugene Friess (tax). Find was represented by Burnet, Duckworth & Palmer LLP with a team that included Allan Twa, Q.C., and Keith Greenfield (securities), and Mike Flatters (tax).
Shiningbank was represented by Gowling Lafleur Henderson LLP with a team that included Richard Clark, Kurtis Kulman and Evan Low (securities), and Robert McCue and Eugene Friess (tax). Find was represented by Burnet, Duckworth & Palmer LLP with a team that included Allan Twa, Q.C., and Keith Greenfield (securities), and Mike Flatters (tax).
Lawyer(s)
Allan R. Twa
Robert D. McCue
Kurtis T. Kulman
Evan D. Low
Keith A. Greenfield
Michael J. Flatters
Richard W. Clark
Firm(s)
Gowling WLG
Burnet, Duckworth & Palmer LLP