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

  • TC Energy Corporation

    TC Energy Corporation in its $1 billion Indigenous equity ownership agreement

  • Canada Growth Fund

    Canada Growth Fund in connection with its strategic partnership with Gibson Energy and Varme Energy

  • 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

  • Veresen Inc. in the formation of a new entity, Veresen Midstream Limited Partnership, equally owned by Veresen and affiliates of Kohlberg Kravis Roberts & Co. L.P., which acquired certain natural gas assets from Encana Corporation and the Cutbank Ridge Partnership.
  • Northern Blizzard Resources Inc. in its $500 million initial public offering and secondary offering.
  • Northern Blizzard Resources Inc. in its US$425 million offering of senior unsecured notes.
  • Angle Energy Inc. in its $576 million acquisition by Bellatrix Exploration Ltd.
  • 2SV Capital, Tuckerman Capital and Right Lane Capital in their acquisition of Galvanic Applied Sciences Inc.
  • Independent directors of Insignia Energy Ltd. in the acquisition of the 29% public minority interest by the controlling shareholder, Brookfield Capital Partners Ltd.
  • Basin Tools L.P. in its take-private acquisition of all of the outstanding common shares of Wenzel Downhole Tools Ltd. by way of plan of arrangement.
  • URS Corporation in its $1.2 billion acquisition of Flint Energy Services Ltd.
  • Eastern Petroleum Limited (a privately-held company controlled by Pakistani-based JS Group) and its wholly-owned subsidiary, Spud Energy Pty. Limited, in the reverse take-over of Jura Energy Corporation.
  • SCF Partners in its acquisition of Integrated Production Services.
  • Thule Group of Sweden on its acquisition of Chariot Carriers.
  • Wentworth Resources Limited in connection with its AIM listing.
  • Numerous private placement equity financings for various private issuers including Steel Reef Infrastructure Corp.

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...

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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
View all Insights

Awards and Recognition

  • Chambers Canada: Canada’s Leading Lawyers for Business: Recognized in Corporate/Commercial (Alberta)
  • Best Lawyers in Canada: Recognized in Mergers & Acquisitions Law
  • Thomson Reuters: “Stand-out Lawyer”

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)

Credentials

Education

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

Languages

  • English