LEXPERT MAGAZINE
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JULY/AUGUST 2017 23
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CORPORATE TRANSACTIONS OF IMPORTANCE
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e acquisition was financed with eq-
uity provided by Novacap, Private Advi-
sors and Northleaf Capital as well as from
management of both companies. Financial
terms were not disclosed.
Syntax Systems was represented by Josiane
Turcotte, Senior Legal Counsel at Novacap,
and assisted by McMillan LLP with a team
that included Charles Chevrette (corpo-
rate), Patrice Beaudin (debt financing), Elisa
Henry (intellectual property) and Béatrice
Méthé (corporate); and by Choate Hall &
Stewart LLP with a team that included Sar-
ah Camougis and Rees Hawkins (corporate)
and James Kane (debt financing).
Core Services Corp. was represented by
Nelson Mullins Riley & Scarborough
LLP with a team that included Michael
Hollingsworth, Paul Rothstein, Katelyn
Fredericks and Jay Collins (corporate).
Northleaf Capital was represented by
Torys LLP. e team from Torys was
composed of Michael Akkawi and Owen
Payne (corporate).
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
WESTERN POTASH
COMPLETES CORPORATE
RESTRUCTURING
CLOSING DATE: MARCH 31, 2017
On March 31, 2017, Western Potash Corp.
(Western Potash) completed its corporate
restructuring pursuant to a court-approved
plan of arrangement under the Busi-
ness Corporations Act (British Columbia)
whereby Western Potash became a wholly
owned subsidiary of Western Resources
Corp. (Western Resources). Under the
plan of arrangement, Western Potash
shareholders received 0.2 of a Western Re-
sources common share for each Western
Potash common share. Western Resources,
which is listed on the Toronto Stock Ex-
change, will consider and implement alter-
native value-enhancing activities, includ-
ing the acquisition of additional resource
properties in other separate wholly owned
subsidiaries of Western Resources.
Western Potash is the 100-per-cent
owner of the Milestone potash project
in Saskatchewan.
Western Potash was represented by
Bennett Jones LLP with a team includ-
ing Michael Melanson and Tina Liu
(M&A), Jeffrey Leon and Brigeeta Rich-
dale (litigation) and Matthew Peters (tax).
SPROTT RESOURCE
AND ADRIANA RESOURCES
COMPLETE BUSINESS
COMBINATION AND
EQUITY FINANCINGS
CLOSING DATE: FEBRUARY 9, 2017
On February 9, 2017, Sprott Resource
Corp. (SRC) and Adriana Resources Inc.,
now renamed Sprott Resource Holdings
Inc. (the Company), completed a business
combination by way of a court-approved
plan of arrangement under the Canada
Business Corporations Act (the Arrange-
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