Toromont Completes Bought Deal

On June 14, 2001, Toromont Industries Ltd., a construction equipment, power generation and refrigeration and process systems company, completed its $70 million bought deal of common shares with an underwriting syndicate that included TD Securities Inc., CIBC World Markets Inc., Raymond James Ltd. and Canaccord Capital Corporation.

Davies Ward Phillips & Vineberg LLP acted for Toromont, with a team that included Mark Connelly, Timothy Moran and Antonio Di Tullio, with assistance on environmental matters from Gray Taylor. Torys acted for the underwriters, with a team that included Phil Brown, Randy MacEwen, Jennifer Soward and Michael Choiselat, with assistance on environmental matters from Robert Mansell and Dennis Mahony.

Lawyer(s)

Gray E. Taylor Jennifer J. Soward Michael A. Choiselat Robert Mansell Timothy H. Moran Mark Q. Connelly Dennis E. Mahony

Firm(s)

Davies Ward Phillips & Vineberg LLP Torys LLP