595 Burrard St, Suite 2600, PO Box 49314, 3 Bentall Ctr, Vancouver, BC
Year called to bar: 1998 (BC); 2002 (New York)
Steven practises securities and corporate law. His practice emphasizes domestic and cross-border mergers & acquisitions, corporate finance, and corporate governance. He acts for a wide variety of issuer, underwriter, and private equity clients in a variety of sectors including SaaS, high-tech, mining, forestry, and bio-tech. Steven has been a Bencher of the Law Society of British Columbia since 2016 and was an Adjunct Professor in the Faculty of Law at the University of British Columbia for 8 years. Recent transactions include acting for Nevsun Resources Ltd. with respect to an unsolicited acquisition proposal by Lundin Mining Corporation and Nevsun’s subsequent acquisition by Zijin Mining Group Co. Ltd. for $1.86 billion; BRS & Co.’s acquisitions of majority stakes in Organika Health Products Inc. and Canada Pooch Ltd.; Correvio Pharma Corp. in its agreement to be acquired by ADVANZ Pharma Corp. Limited; and Canadian counsel to Digital Colony Partners and EQT Infrastructure IV Fund in connection with their consortium’s US$14.3-billion agreement to acquire, recapitalize, and take private Zayo Group Holdings, Inc.
On June 11, 2018, Zymeworks Inc. (Zymeworks) closed its underwritten public offering of 6,210,000 common shares, including the underwriters’ full exercise of their over-allotment option to purchase 810,000 additional shares, at a price to the public of US$15.75 per common share, for aggregate gross proceeds to the Company of approximately US$97.8 million, before deducting the underwriting discounts and commissions and estimated Offering expenses.
On August 14, 2018, Aurora Cannabis Inc. (TSX: ACB) (OTCQB: ACBFF) (Frankfurt: 21P; WKN: A1C4WM) completed its June-announced acquisition of Anandia Laboratories Inc. in an all-stock transaction valued at $118 million pursuant to a court ordered plan of arrangement.
On February 1, 2016, GFL Environmental Inc. (GFL) completed the acquisition of the Matrec solid waste division from TransForce Inc. (TSX: TFI, OTCQX: TFIFF) for $800 million. The acquisition was funded in part by the private offering of US$300 million in aggregate principal amount of senior unsecured notes due 2021 (the Note Offering) through a syndicate of broker dealers led by Credit Suisse, BMO Capital Markets and Barclays and including Scotiabank, CIBC Capital Markets, Comerica Securities, National Bank of Canada Financial Markets and Raymond James (the Dealers).
On March 31, 2015, Norbord Inc. (Norbord) and Ainsworth Lumber Co. Ltd. (Ainsworth) completed their previously announced merger. The merger will create a leading global wood products company focused on oriented strand board across North America, Europe and Asia.