595 Burrard St, Suite 2600, PO Box 49314, 3 Bentall Ctr, Vancouver, BC
Year called to bar: 1998 (BC); 2002 (New York)
Steven practises securities and corporate law. His practice emphasizes domestic and cross-border mergers & acquisitions, corporate finance, and corporate governance. He acts for a wide variety of issuer, underwriter and private equity clients in a variety of sectors including high-tech, mining, biotech and forestry. Steven has been a Bencher of the Law Society of British Columbia and taught as an Adjunct Professor at UBC’s Allard Hall and UVic Law. Recent transactions include advising Absolute Software on its sale to Crosspoint Capital Partners for US$870 million; D-Wave Systems Inc. in its going public transaction through a de-SPAC transaction, in a deal with an implied value of US$1.2-billion; Later.com on its acquisition by Mavrck, in a deal funded by Summit Partners; Pacific Woodtech on its acquisition of Louisiana-Pacific’s EWP division; HTEC Hydrogen Technology & Energy Corporation on Chart Industries, Inc.’s and I Squared Capital’s equity investment; Thinkific Labs Inc. on its initial public offering; and Nevsun Resources Ltd. with respect to its acquisition by Zijin Mining Group Co. Ltd. for $1.86-billion and its response to Euro Sun Mining Inc. and Lundin Mining Corporation’s non-binding unsolicited proposal to acquire Nevsun for $1.5-billion.
On June 11, 2018, Zymeworks Inc. (Zymeworks) closed its underwritten public offering of 6,210,000 common shares, including the underwriters’ full exercise of their over-allotment option to purchase 810,000 additional shares, at a price to the public of US$15.75 per common share, for aggregate gross proceeds to the Company of approximately US$97.8 million, before deducting the underwriting discounts and commissions and estimated Offering expenses.
On August 14, 2018, Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) completed its June-announced acquisition of Anandia Laboratories Inc. in an all-stock transaction valued at $118 million pursuant to a court ordered plan of arrangement.
On March 12, 2018, NextView New Energy Lion Hong Kong Ltd. (NextView) completed its acquisition of Lithium X Energy Corp. (Lithium X), by way of a plan of arrangement.
On June 23, 2016, Nevsun Resources Ltd. (Nevsun) completed its acquisition of Reservoir Minerals Inc. (Reservoir), a TSX-V listed company, for approximately US$440 million.
On February 1, 2016, GFL Environmental Inc. (GFL) completed the acquisition of the Matrec solid waste division from TransForce Inc. (TSX: TFI, OTCQX: TFIFF) for $800 million. The acquisition was funded in part by the private offering of US$300 million in aggregate principal amount of senior unsecured notes due 2021 (the Note Offering) through a syndicate of broker dealers led by Credit Suisse, BMO Capital Markets and Barclays and including Scotiabank, CIBC Capital Markets, Comerica Securities, National Bank of Canada Financial Markets and Raymond James (the Dealers).
On March 31, 2015, Norbord Inc. (Norbord) and Ainsworth Lumber Co. Ltd. (Ainsworth) completed their previously announced merger. The merger will create a leading global wood products company focused on oriented strand board across North America, Europe and Asia.
