Stuart Olley is a senior partner in Gowling WLG's Capital Markets, M&A and Private Equity groups in Calgary. He focuses on capital market transactions for both public and private enterprises, M&A, corporate governance, and private equity. For over 30 years, Stuart has worked for a variety of issuers, underwriters, and investors in transactions around the globe in industries including oil & gas, mining, real estate, and tech. He has extensive experience in international financing and merger transactions, particularly leading multi-jurisdiction teams in investments and acquisitions in Africa, Central and South America, and Asia. Domestically, Stuart has assisted clients in the extractive sector with financings, business combinations, (including contested proxy fights, hostile and friendly take-over bids and restructuring transactions under the CCAA and the ABCA), corporate governance, and regulatory compliance. He is a past member of the Securities Advisory Council of the Alberta Securities Commission. Stuart currently heads the Mexico Country Desk for Gowling WLG. He has been recognized in The Canadian Legal Lexpert® Directory, The Best Lawyers™ in Canada, and the Legal 500 Canada. In 2020, he was recognized by Best Lawyers® as the Mining Law “Lawyer of the Year” in Calgary.
Capital-intensive mining projects and long-term agreements in the industry, particularly outside of Canada, can be subject to political risk and change that can affect investment. How can investments best be protected?
Petroamerica Oil Corp. and Suroco Energy Inc. fended off a hostile bid by Vetra Holding S.a.r.l. and Vetra Acquisition Ltd. and completed a plan of arrangement pursuant to which Petroamerica acquired all the issued and outstanding shares of Suroco for an approximate total value of $108.6 million.
On July 13, 2001, KS Biomedix Plc of the United Kingdom completed the purchase of all of the outstanding shares of Avicenna Medica Inc. of Edmonton, Alberta for a total purchase price of $90 million.