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.