LEXPERT MAGAZINE
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MARCH/APRIL 2018 19
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CORPORATE TRANSACTIONS OF IMPORTANCE
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funding for the expansion of the facility in
exchange for ongoing royalty payments and
a warrant to acquire up to 4 per cent of the
issued and outstanding common shares.
Cassels Brock & Blackwell LLP acted
for Canopy Growth and Canopy Rivers with
a deal team composed of John Vettese, Cathy
Mercer and Jonathan Sherman (business,
M&A and cannabis), Bernice Karn (intel-
lectual property and cannabis), and Chuck
Rich and Hilary Fender (financial services
and cannabis).
Green House was represented by Dentons
Canada LLP with a deal team that included
Eric Foster, Donald Luck, Keith Stein and
Andreas Kloppenborg.
Stikeman Elliott LLP advised Organa
Brands with a team that included David Mc-
Carthy, Matt Hunt and Jonathan Lin (cor-
porate, M&A), Ryan Sheahan (intellectual
property) and Lindsay Gwyer (tax).
Energy & Power Pipelines
Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
U.S. CONCRETE, INC.
COMPLETES $310M
ACQUISITION OF POLARIS
MATERIALS CORP.
CLOSING DATE: NOVEMBER 17, 2017
On November 17, 2017, U.S. Concrete, Inc.
(U.S. Concrete) completed its acquisition of
all of the issued and outstanding common
shares of Polaris Materials Corp. (Polaris)
by way of a court-approved plan of arrange-
ment. e total consideration paid to Polaris
shareholders was approximately $310 mil-
lion. U.S. Concrete provided Polaris with a
superior proposal to another offer to which
Polaris had previously agreed.
Akin Gump Strauss Hauer & Feld LLP
led the team advising U.S. Concrete with
a team led by Kerry Berchem and that in-
cluded John Howell, Mathew Rotenberg and
Elizabeth Atkins.
Cassels Brock & Blackwell LLP acted as
Canadian counsel to U.S. Concrete with a
team comprising Jen Hansen, Jeffrey Roy, Ja-
mie Litchen, Matt Gold and Paul Stein (secu-
rities, mining and M&A), omas Isaac and
Arend Hoekstra (Aboriginal), Jim Morand
and Brittany Finn (tax), Chris Hersh and
Belinda Chiu (competition), Kristin Taylor
and Caitlin Russell (employment), Matthew
Nied (litigation), Tom Kapsales and Ardy
Mohajer (real estate), and Carla Potter and
Jenna Clark (financial services).
Polaris was represented in Canada by
Fasken Martineau DuMoulin LLP with
a deal team that included Georald Ingborg,
Sam Li and Martin Ferreira Pinho (securi-
ties, mining and M&A), Paul Wilson and
Zach Romano (Aboriginal), Michael Co-
burn (tax), Huy Do (competition), Clayton
Jones (employment), and Gavin Cameron
and Sam Chang (litigation).
Osler, Hoskin & Harcourt LLP acted as
legal counsel to Polaris's special committee
with a team that included Alan Hutchison,
Trevor Scott and Patrick Sullivan (securities,
mining and M&A).
Dorsey & Whitney LLP advised Polaris
on US matters with a team that included
John Hollinrake and Kimberley Anderson.
ERO COPPER CORP.
COMPLETES INITIAL
PUBLIC OFFERING AND
SECONDARY OFFERING
CLOSING DATE: OCTOBER 19, 2017
On October 19, 2017, Ero Copper Corp.
(Ero or the Company) completed its initial
public offering and secondary offering of an
aggregate of 23,282,116 common shares (the
Shares) for a price of $4.75 per Share for ag-
gregate gross proceeds of $110,590,051 (the
Offering). e Shares were sold by way of
treasury offering of 10,000,000 Shares by
Ero, and secondary offering of 13,282,116
Shares by certain securityholders of the
Company (the Selling Securityholders).
e Offering was underwritten by a syn-
dicate of underwriters co-led by BMO Nes-
bitt Burns Inc. and Scotia Capital Inc. and
included Canaccord Genuity Corp., GMP
Securities L.P., Numis Securities Limited,
PI Financial Corp. and Raymond James Ltd.
(collectively, the Underwriters).
e Company granted the Underwriters
an over-allotment option to purchase up to
an additional 3,492,317 common shares for
additional gross proceeds of $16,588,505.75,
which was exercised in full by the Underwrit-
ers and closed on November 1, 2017, resulting
in the Offering totalling $127,178,556.75.
e Shares were offered in each of the
provinces and territories of Canada, other
than Québec, by way of a prospectus dated
October 11, 2017, and in the United States
on a private placement basis pursuant to a
private placement memorandum dated Oc-
tober 11, 2017.
Ero was represented in-house by Deepk
Hundal (Vice President, General Counsel
and Corporate Secretary).
Blake, Cassels & Graydon LLP acted as
Canadian counsel to Ero with a team that
included Bob Wooder, Kathleen Keilty, Ja-
mie Kariya, Vladimir Cvijetinovic, Nikita
Ponomarev, Daniel Cherniak and Michael
Stewart (securities) and Kevin Zimka (tax).
Clifford Chance US LLP acted as US
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