Vanessa Yee Vanessa Yee

First Nations Finance Authority in its $435-million offering of Senior Secured Bonds

On October 27, 2025, the First Nations Finance Authority (FNFA) completed an additional offering of $435 million in aggregate principal amount of 1.71% Senior Secured Bonds, Series 2020-1, due June 16, 2030. The offering was made through an underwriting syndicate comprised of National Bank...

Lead Office: Toronto Date Closed: October 27, 2025 Value: $435 million

Maritime Resources Corp. in its $292-million acquisition by New Found Gold Corp.

On September 5, 2025, Maritime Resources Corp. (Maritime) and New Found Gold Corp. (New Found Gold) announced the proposed acquisition of Maritime by New Found Gold by way of plan of arrangement. Pursuant to the transaction, New Found Gold will acquire all of the outstanding Maritime shares for...

Lead Office: Toronto Date Announced: September 5, 2025 Value: $292 million

The Province of British Columbia in its completion of its US$3-billion offering

On August 27, 2025, the Province of British Columbia completed its offering of US$3.00 billion in aggregate principal amount of 3.900% bonds, Series BCUSG-19, due August 27, 2030. The offering was made through an underwriting syndicate led by BMO Capital Markets Corp., BofA Securities, Inc., HSBC...

Lead Office: Vancouver Date Announced: August 27, 2025 Value: US$3 billion

First Nations Finance Authority in its $350-million offering of Senior Secured Bonds

On July 3, 2025, the First Nations Finance Authority (FNFA) completed its offering of $350 million in aggregate principal amount of 4.70% Senior Secured Bonds, Series 2025-2, due December 1, 2056. This was the inaugural offering of 30-year bonds by the FNFA. The offering was made through an...

Lead Office: Vancouver Date Announced: July 3, 2025 Value: $350 million

Cordoba in its agreement to sell its 50% interest in the Alacrán Project

On May 8, 2025, Cordoba entered into a definitive framework agreement to sell its remaining 50% interest in the Alacrán Project, which is one of Colombia’s most advanced copper-gold development assets, along with all other exploration assets in Colombia and certain accounts receivable to...

Lead Office: Vancouver Date Announced: May 8, 2025 Value: US$100 million

Commerce Resources in its acquisition by Mont Royal Resources

On April 9, 2025, Commerce Resources announced it had entered an agreement to be acquired by Mont Royal Resources, a mining company that engages in the exploration of mineral properties in Canada. This acquisition will create a Québec-focused critical minerals developer and exploration company...

Lead Office: Vancouver Date Announced: April 9, 2025 Value: --

Orogen Royalties in its $421-million acquisition by Triple Flag

On April 21, 2025, Orogen Royalties announced it had entered into a definitive agreement to be acquired by Triple Flag, a precious metals streaming and royalty company, for $421 million. This acquisition will provide Triple Flag with exposure to one of the world’s most promising gold development...

Lead Office: Vancouver Date Announced: April 21, 2025 Value: $421 million