Slater Steel Completes Common Shares Offering

Slater Steel Inc., a mini mill producer of specialty steel products, completed a public offering of $57.8 million of common shares in Canada on March 25, 2002. Pursuant to a short-form prospectus, the company issued 3.5 million common shares at $16.50 per share through a syndicate of underwriters led by TD Securities Inc. and including BMO Nesbitt Burns Inc., Scotia Capital Inc., CIBC World Markets Inc. and Sprott Securities Inc.

Slater Steel was represented in-house by Paul Davis, senior vice-president, administration, and general counsel; and by Lang Michener with a team that included Howard Drabinsky, Hellen Siwanowicz and John Conway. The underwriters were represented by Fasken Martineau DuMoulin LLP, with a team that included Gar Emerson, Joel Binder, David Coultice and Sean Morley (securities).


Hellen Siwanowicz Joel E. Binder H. Garfield Emerson David J. Coultice John Conway Howard Drabinsky Sean L. Morley