100 King St W, Suite 3400, 1 First Canadian Pl, PO Box 130, Toronto, ON
Year called to bar: 2003 (ON)
James Clare is a partner in the securities group, with an emphasis on corporate finance and merger & acquisition transactions. A significant portion of his practice is focused on assisting clients in the mining and oil & gas sectors as well as the gaming sector. His transactional experience includes domestic and cross-border public and private corporate finance transactions (representing issuers and underwriters), as well as merger & acquisition transactions. He also advises public issuers on general corporate and securities law matters including stock exchange listing issues, continuous disclosure obligations, and other regulatory compliance issues. He serves as a Director of a number of public companies. Previously was seconded to the Corporate Finance Branch of the Ontario Securities Commission.
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.