Representative Work Representative Work

Emera Inc. in the sale of its interest in the Labrador Island Link

Osler advised Emera Inc. in the sale of its minority equity interest in the Labrador Island Link, a critical energy transmission asset in Newfoundland and Labrador, to Kohlberg Kravis Roberts & Co. for a total transaction value of $1.19 billion. The transaction value was made up of $957...

Lead Office: Toronto Date Announced: June 4, 2024 Value: $1.19 billion

First Nations Finance Authority in its $452 million offering of Senior Secured Bonds

On June 11, 2024, the First Nations Finance Authority (“FNFA”) completed an additional offering of $452 million in aggregate principal amount of 4.10% Senior Secured Bonds, Series 2024-1, due June 1, 2034. The offering was made through an underwriting syndicate comprised of TD Securities Inc.,...

Lead Office: Vancouver Date Announced: June 11, 2024 Value: $452 million

ResVR in its oversubscribed financing seed round of $1.7 million

On June 6, 2024, ResVR announced a series of financings that closed a total of $1.7 million in aggregate. This consists of $1.43 million in pre-seed and seed funding and $270,000 in non-dilutive capital. The funding was led by Inverted Ventures and Weave VC and saw participation from Bluesky...

Lead Office: Calgary Date Announced: June 6, 2024 Value: $1.7 million

Raven Indigenous Outcomes Funds in its securing of $20.4 million for its first fund

On June 5, 2024, Raven Indigenous Outcomes Funds (RIOF) announced that it had closed $20.4 million for its first fund out of its goal of $50 million. Investors in the first close included Boann Social Impact, Trottier Family Foundation, Lawson Foundation, the Christensen Fund, and the Sorenson...

Lead Office: Vancouver Date Announced: June 5, 2024 Value: $20.4 million

IntelliCulture in its $3.5 million Series Seed II Round

On June 3, 2024, IntelliCulture announced that it raised 3.5 million in a Series Seed II all-equity round. This round was led by Serra Ventures and saw participation from Emmertech and Tall Grass Ventures. The company plans on utilizing the funding towards research and...

Lead Office: Toronto Date Announced: June 3, 2024 Value: 3.5 million

Plannin in connection with its investment from Golden Ventures

On May 30, 2024, Plannin announced it received an investment from Golden Ventures. This also signifies Plannin’s launch of its creator monetization platform. Plannin operates as an online platform that helps individuals with travel planning and resources. Golden Ventures, based in...

Lead Office: Toronto Date Announced: May 30, 2024 Value: -

Topicflow in its $2.5 million seed funding round led by Founders’ Co-Op

On May 29, 2024, Topicflow closed a $2.5 million seed funding round. The all-equity round was led by Founders’ Co-Op with participation from Ascend. The investment will enable Topicflow to expand its team and work towards a goal of $1 million in annual recurring revenue within 12-18...

Lead Office: Vancouver Date Announced: May 29, 2024 Value: $2.5 million

Amplitude Ventures in its closing of its $263 million venture capital fund

On May 28, 2024, Amplitude Ventures announced it closed $263 million in its second venture capital fund for precision medicine. Through this fund, the company plans to continue investing in new precision medicine companies with an interest in biology and artificial intelligence. This fund is...

Lead Office: Montreal Date Announced: May 28, 2024 Value: $263 million

Blossom Social in its closing of a $2.1 million seed financing

On May 21, 2024, Blossom Social announced that it closed a $2.1 million seed financing. Approximately $1 million was from an equity crowdfunding campaign, and the remaining $1.1 million from existing investor LOI Ventures, new investor Goodwater Capital and various angel investors. Blossom...

Lead Office: Calgary Date Announced: May 21, 2024 Value: $2.1 million

Tantalus Systems Holding Inc. in its closing of $10 million bought deal offering

On May 23, 2024, Tantalus Systems Holding Inc. closed a bought deal offering of its common shares pursuant to the listed issuer financing exemption and a concurrent private placement for total gross proceeds of $10 million. For this offering, Cormark Securities Inc. and Canaccord Genuity Corp....

Lead Office: Vancouver Date Announced: May 23, 2024 Value: $10 million