Mining & Energy

With over 70 years of experience, Boughton Law has been supporting the mining and energy sector for decades.

Western Canada has long been at the forefront of natural resource industries. Blessed with a broad portfolio of accessible minerals, hydrocarbons and renewables, along with industry leaders to create and manage scalable new enterprises, the region is helping to advance the industry, globally. This landscape has allowed The West to be a hotbed for mineral and energy firms, at all stages of business, for decades.

At Boughton Law, we’re been supporting clients at all stages of growth, from junior exploration companies and investment partners, all the way through to mature producers, for over 70 years. The Mining & Energy team draws on a diverse group of lawyers from across the firm to meet any legal need. Clients, globally, trust our experience and expertise when it comes to domestic projects, regulatory needs and financing opportunities.

Embedded in our work is the understanding that changes in the mining and energy sectors have meant a renewed focus on indigenous land rights and development, along with Environmental, Social and Governance efforts. We work with clients to understand these commitments and align them with their organization’s goals.

Additionally, as a founding member of the Meritas global alliance of independent law firms, no matter where in the world their business may take them, clients can trust Boughton Law will have the right people and insights to support them.

Recent Representative Transactions

Torr Metals Inc. – $8.5 million
Lead counsel to Torr Metals Inc. (TSXV: TMET) in connection with the $4.4 million concurrent financing and $4.1 million acquisition of the Latham Copper-Gold Project in British Columbia and listing on the TSX Venture Exchange with Clarus Securities Inc. as lead broker. (November 2021)

Thesis Gold Inc. – $18.4 million
Lead counsel to Thesis Gold Inc. (TSXV: TAU) in connection with the oversubscribed overnight marketed short form prospectus offering of $18,400,000 with a syndicate of agents led by Clarus Securities Inc. (June 2021)

Thesis Gold Inc. – $24.5 million
Lead counsel to Thesis Gold Inc. (TSXV: TAU) in connection with the $24.5 million brokered equity private placement with Clarus Securities Inc. as lead agent. (February 2021)

Founders Metals Inc. (TSXV: FDR) – $7.35 million
Lead counsel to Founders Metals Inc. (TSXV: AWB) in connection with its reverse takeover, $7.35 million acquisition of the Elmtree Gold Project in New Brunswick, $5,040,500 concurrent financing and listing on the TSX Venture Exchange.

Thesis Gold Inc. – $11.5 million
Lead counsel to Thesis Gold Inc. (TSXV: TAU) in connection with the $6.0 million concurrent financing and $5.5 million acquisition of the Latham Copper-Gold Project in British Columbia and listing on the TSX Venture Exchange with Clarus Securities Inc. as lead broker. (October 2020)

Osino Resources Corp. – $14 million
Acted as counsel to Osino Resources Corp. (TSXV: OSI) in its $14 million oversubscribed overnight marketed short form prospectus offering . The offering was conducted through a syndicate of underwriters led by Cormark Securities Inc., including M Partners Inc., Canaccord Genuity Corp., Beacon Securities Limited, and Haywood Securities Inc.

Osino Resources Corp. – $17.7 million
Acted as counsel to Osino Resources Corp. (TSXV: OSI) in its $17.7 million oversubscribed bought deal short form prospectus offering. GMP Securities L.P. as lead agent and sole bookrunner together with a syndicate of agents, including Canaccord Genuity Corp., Cormark Securities Inc., Echelon Wealth Partners Inc. and M Partners Inc.

Northern Courier Pipeline Limited Partnership
Acted as counsel to eight First Nations and Métis communities in their acquisition and financing of a pipeline asset valued approximately $1.3 billion. The acquisition was unprecedented because of the number of participating Indigenous communities and was completed with non-recourse debt financing from ATB Financial and a loan guarantee of up to $40 million from the Alberta Indigenous Opportunities Corporation.

North American Lithium Inc. – $52.5 million financing
Comprised of $26.5 million brokered by GMP Securities L.P. as lead agent and sole bookrunner together with a syndicate of agents, including Canaccord Genuity Corp. and Cormark Securities Inc. in addition to a $30 million non-brokered financing.

Fort McKay First Nation and Mikisew Cree First Nation – acquisition of an interest in a bitumen and diluent storage, blending and cooling facility located north of Fort McMurray, and associated $545 million financing by way of private bond placement. At closing, this transaction represented the largest-ever business investment by a First Nations entity in Canada.

Fort McKay Group of Companies LP acquisition of a majority interest in a prominent aboriginal owned water and waste handling company. This merger positioned the Fort McKay based business as a first tier oils ands services supplier in the region.