100 King St W, Suite 3400, 1 First Canadian Pl, PO Box 130, Toronto, ON
Year called to bar: 2003 (ON)
James Clare has a corporate commercial and securities law practice, with an emphasis on corporate finance and mergers and acquisitions, focused on assisting clients in the mining and oil and gas sectors. His transactional experience includes domestic and cross-border public and private corporate finance transactions representing issuers and underwriters as well as merger and acquisitions transactions. He also advises public issuers on general corporate and securities law matters including stock exchange listings, continuous disclosure obligations and other regulatory compliance issues. In 2002, James was seconded to the Corporate Finance Branch of the Ontario Securities Commission. James is a member of the Canadian Bar Association. He has been recognized by Chambers, The Legal 500 Canada, Who's Who Legal: Canada and by The Canadian Legal Lexpert Directory, all in the areas of Mining.
Victoria Gold Corp. entered into a series of definitive financing agreements with Orion Mine Finance (Orion), Osisko Gold Royalties Ltd. (Osisko) and Caterpillar Financial Services Ltd. (Cat Financial) with respect to a construction financing package totaling approximately $505 million in aggregate (the Financing).
On July 10, 2017, Integra Gold Corp. (Integra) and Eldorado Gold Corp. (Eldorado) completed a plan of arrangement pursuant to which Eldorado acquired all of the Integra shares that it did not already own.
Radiant Logistics, Inc. (Radiant) through its wholly owned subsidiary, Radiant Global Logistics Ltd. (the Purchaser), acquired Wheels Group Inc. (Wheels) by way of a court approved arrangement under the Business Corporations Act (Ontario). Pursuant to the plan of arrangement, the Purchaser acquired all of the outstanding common shares of Wheels at a price of C$0.77 per common share, payable in cash and/or common shares of Radiant. The total acquisition cost was approximately C$100.0 million and includes the repayment of certain debt held by Wheels concurrent with closing.
Mandalay Resources Corporation and a fund advised by West Face Capital Inc. completed a secondary offering by West Face of 40,000,000 common shares of Mandalay at a price of $1.10 per common share for gross proceeds to West Face of $44,000,000.