Kelsey Armstrong

Kelsey’s practice focuses on mergers and acquisitions, corporate finance and securities, corporate governance and general corporate matters. Kelsey has extensive public and private mergers and acquisitions experience, having acted in plans of arrangement, take- private transactions, hostile take-over bids, private equity transactions, share and asset acquisitions, special committee engagements and complex restructurings. Kelsey also advises a broad range of clients on power and renewable energy transactions and partnerships with Indigenous-owned counterparties. Her experience also includes acting for issuers and underwriters in domestic and cross-border debt and equity offerings, including initial public offerings, shelf and short form prospectus offerings and private placements.

Kelsey completed her J.D. (with Distinction) at the University of Alberta where she was awarded the Horace Harvey Gold Medal for highest standing in her graduating class. Prior to attending law school, Kelsey obtained her B.Comm. (with Distinction) in Finance from the University of Calgary. On completion of her studies, she was awarded the Haskayne School of Business Gold Medal as well as the Governor General’s Silver Medal.


Representative Work

  • Canada Growth Fund

    The Canada Growth Fund in its connection with its carbon credit offtake agreement and $200 million strategic investment in Entropy Inc.

  • Bitvo Inc.

    Bitvo Inc. in its sale of all of its client accounts to Bitbuy Technologies Inc.

  • SAGE Properties Corp

    SAGE Properties Corp in its sale of its Harbour and Manor senior living facilities and related businesses to Shepherd’s Care Foundation

  • GaN Systems Inc.

    GaN Systems Inc. in its US$830 million acquisition by Infineon Technologies

  • Vendasta Technologies Inc.

    Vendasta in its acquisition of Broadly

  • TransAlta Corporation

    TransAlta Corporation in its acquisition of 50% interest in an early-stage pumped hydro energy storage development project

  • AltaLink

    The Syndicate of Agents in AltaLink’s $275 million notes offering

  • Rocky Mountain Equipment

    Rocky Mountain Equipment in its acquisition of Robertson Implements

  • Vendasta Technologies

    Vendasta in its acquisition of Yesware

  • Bitvo Inc.

    Bitvo Inc. in its proposed acquisition by FTX Trading

  • Thin Air Labs

    Thin Air Labs in its $20 million initial close of venture capital fund

  • Circle Cardiovascular Imaging

    Circle Cardiovascular Imaging in its strategic investment from Thoma Bravo

  • Vendasta

    Vendasta in its acquisition of MatchCraft

  • The Underwriters

    The Underwriters in Canadian Pacific Railway Company’s US$8.45 billion note offering

  • Vendasta and CalendarHero

    Vendasta and CalendarHero in the acquisition of CalendarHero

  • Suncor Energy Inc.

    Suncor Energy Inc. in connection with the formation of Astisiy Limited Partnership to acquire TC Energy’s interest in the Northern Courier Pipeline Limited Partnership

  • The Underwriters

    The Underwriters in Dye & Durham’s $500 million offering

  • Husky Energy Inc.

    Husky Energy Inc. in its $23.6 billion agreement with Cenovus Energy Inc. to create a new integrated energy leader

  • 2223890 Alberta Ltd.

    2223890 Alberta Ltd. in its $195 million go-private transaction with Rocky Mountain Dealerships Inc.

  • MHR Fund Management LLC

    MHR Fund Management LLC in Telesat Canada’s going public transaction

  • Delphi Energy Corp.

    Delphi Energy Corp. in its restructuring transaction under the CCAA

  • The Syndicate of Dealers

    The Syndicate of Dealers in AltaLink’s $225 million notes offering

  • Husky Energy Inc.

    Husky Energy Inc. in its $1.25 billion public offering

  • The Underwriters

    The Underwriters in Dye & Durham’s $150 million IPO and secondary offering of common shares

  • KKR

    Acting for KKR and AIMCo in their joint acquisition of a combined 65% equity interest from TC Energy in the $6.8B Coastal GasLink Pipeline Project

Latest Insights

  • Osler Update Aug 28, 2023

    Lessons learned: Alberta Court refuses to approve plan of arrangement

    A recent decision by the Court of King’s Bench of Alberta provides important guidance about how courts scrutinize whether an arrangement is fair and r...

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    Lessons learned: Alberta Court refuses to approve plan of arrangement
  • Osler Update Feb 8, 2023

    Corporate opportunity waivers make their way to Canada: Implications for private equity and venture capital investments

    Alberta is the first jurisdiction in Canada to permit a corporate opportunity waiver in its articles or unanimous shareholder agreements - we discuss ...

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    Corporate opportunity waivers make their way to Canada: Implications for private equity and venture capital investments
  • Osler Update Jun 16, 2022

    A bid to attract business: amendments to Alberta’s Business Corporations Act

    Aiming to attract and retain business and investment in the province, Alberta modernizes its Business Corporations Act with significant amendments.

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    A bid to attract business: amendments to Alberta’s Business Corporations Act
  • Webinar Feb 22, 2022

    Indigenous Law Insights: Equity interests in resource development and Treaty rights infringement caused by cumulative effects

    Options available for Indigenous group project funding are discussed as part of this webinar.

    Read more
    Indigenous Law Insights: Equity interests in resource development and Treaty rights infringement caused by cumulative effects
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Media Mentions

  • Media Mentions Nov 22, 2021

    Alberta looks to cut red tape for growth capital with proposed ‘corporate opportunity waivers’ – Calgary Herald

    Proposed "corporate opportunity waivers" aim to boost business investment in the province.

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  • Osler News Feb 16, 2021

    Osler welcomes 12 new partners and 2 new counsel in 2021

    Osler is proud to announce the addition of 12 new partners and two new counsel across five of our offices, effective March 1, 2021.

    Read more

Community Involvement

  • Ups & Downs – Calgary Down Syndrome Association, Board Member (2020-2022)

Speaking and Writing

Speaking Engagements

speaker 22/2/2022
Indigenous Law Insights: Equity interests in resource development and Treaty rights infringement caused by cumulative effects
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Credentials

Education

  • University of Alberta, J.D. (Gold Medalist)
  • University of Calgary, B.Comm. (Gold Medalist)

Languages

  • English