For the past 20 years, Mr. Gunasekera has been practising corporate and securities law with a primary focus on capital market transactions and business law matters, including equity and debt financings, initial public offerings and mergers & acquisitions. Mr. Gunasekera provides ongoing advice to public and private companies regarding corporate governance, continuous disclosure obligations, and various other corporate and securities law compliance matters. In addition, Mr. Gunasekera has extensive experience acting for Agents and Underwriters in prospectus offerings and private placements. Mr. Gunasekera has recent experience in plan of arrangement transactions, joint venture and option agreements, asset and share acquisitions and reverse takeover and change of business transactions with a particular focus on the resource industry.
On April 22, 2015, Petra Petroleum Inc, (Petra) completed the acquisition of all of the outstanding shares of Mitra Energy Limited, a private Bermuda incorporated company. The transaction constituted a reverse takeover transaction of Petra Petroleum Inc. pursuant to TSX Venture Exchange Policies.
Holloway Lodging Corporation and Royal Host Inc. announced that Holloway has completed its previously announced acquisition of Royal Host with an effective date of July 1, 2014. The acquisition is valued at approximately $157 million (on an enterprise value basis),