Basis100 Acquires EFA International

On January 25, 2002, Toronto-based Basis100 Inc., provider of e-commerce solutions, acquired all the issued and outstanding shares in the capital of Calgary-based EFA International Inc. for $35,483,545; and subscribed for an additional 1,518,746 class A common shares in the capital of EFA for an aggregate subscription price of $8,626,480.

The Basis100 legal team consisted of Victor Hum, Y. Ken Chun, Robb Heintzman, Don Luck, Heather Zordel and Peter Bouzalas of Fraser Milner Casgrain LLP in Toronto, and Chima Nkemdirim, Samantha Solomon and Anne Pelletier (due diligence) in Calgary. The EFA legal team consisted of in-house counsel Chuck Blakey, and Andrew Grasby and Conni Gibson (business) of McCarthy Tétrault LLP in Calgary.

Lawyer(s)

Peter Bouzalas Y. Ken Chun Chima Nkemdirim Heather Zordel Anne B. Pelletier Conni M. Gibson Robb Heintzman Donald F. Luck Andrew Grasby