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CCCA_V4No3_Col-DealDevelop-FIN.qxd:CCCA_V1No2_Col-News-V1.qxd 9/2/10 1:07 PM Page 46 H ere are the highlights of some of the many mergers, acquisitions, financings and other deals taking place in corporate Canada over the last few months. Each of the entries below has been provided by a Canadian law firm involved in each deal. TransCanada Corporation Details: TransCanada Corporation completed an offering of 14,000,000 cumulative redeemable rate reset first preferred shares pursuant to a prospectus supplement dated March 4, 2010, to a shelf prospectus dated September 21, 2009, for gross proceeds to TransCanada of approxi- mately $350 million. The offering was underwritten by a syndicate led by Scotia Capital Inc. and RBC Dominion Securities Inc. and including BMO Nesbitt Burns Inc., TD Securities Inc., CIBC World Markets Inc., National Bank Financial Inc., HSBC Securities (Canada) Inc. and UBS Securities Canada Inc. Date: Closed March 11, 2010 On the Deal: For TransCanada: in-house by Christine Johnston, Vice President, Finance Law, David Lefebvre, Don Tse, Stikeman Elliott LLP Macleod Dixon LLP and Tamara Shawa, Senior Legal Counsel; David Lefebvre, David Taniguchi, Charlotte Feasby and April Kosten (securities), and David Weekes (tax), Stikeman Elliott LLP. For the underwriters: Kent Kufeldt, Don Tse, Chris Wolfenberg and Jason Metcalf (securities), and Dion Legge (tax), Macleod Dixon LLP. PetroBakken Energy Ltd. Details: PetroBakken Energy Ltd. (“PetroBakken”) acquired Result Energy Inc. (“Result”), a Calgary-based com- pany developing light oil properties in Alberta. The acquisition was completed pursuant to an arrangement agree- ment entered into on January 28, 2010, with 99.43% of Result shares voted approving the acquisition of Result of PetroBakken. PetroBakken acquired all of the outstanding shares of Result for approximately $438 million, inclu- sive of Result’s positive working capital. Date: Closed April 1, 2010. On the Deal: For PetroBakken: Andrea Hatzinikolas, Corporate Secretary; Andrew Grasby, Adam Sanderman (securities), Mischa Zajtmann (securities), Robert Nearing (tax), Rick Pawluk and Kara Levis (competition law), Doug Yoshida (litigation) and Wilson Acton (litigation), McCarthy Tétrault LLP. ISTOCKPHOTO Andrew Grasby, McCarthy Tétrault LLP For Result: Tom Cotter, Mark Franko (securities), Jon Smithen (competition law) and Cynthia Amsterdam (litigation), Heenan Blaikie LLP. 46 CCCA Canadian Corporate Counsel Association FALL 2010