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Paul Mereau

Partner

403.260.0249
pmereau@bdplaw.com
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Education:
University of British Columbia, Juris Doctor, 2013

Concordia, Bachelor of Arts, Psychology (with Distinction), 2009

Bar admission: Alberta 2014
Industries:
Agribusiness, food and beverage, Financial services, Oil and gas, Renewables and energy transition, Start-up and early-stage companies, Technology
Practice areas:
Business law, Capital markets, Commercial agreements, Corporate governance and disclosure, Corporate reorganizations, Private equity, Shareholder rights and activism, Mergers, acquisitions and other strategic transactions

Experience

Paul's focus is on securities and corporate law, including:

  • Public offerings
  • Private placements
  • TSX Venture Exchange and TSX Listings
  • Mergers and acquisitions
  • Share and asset acquisitions
  • Compliance with securities regulatory requirements
  • Corporate governance
  • General corporate matters

Professional involvement

Professional associations

  • Member, Law Society of Alberta
  • Member, Canadian Bar Association
  • Member, Calgary Bar Association

Representative work

Whitecap Resources Inc.'s note offering

Counsel to Whitecap Resources Inc. on its $400 million note offering

Crew Energy Inc.'s sale to Tournaline Oil Corp.

Counsel to Crew Energy Inc. on its $1.4 billion sale to Tourmaline Oil Corp.

Shield Energy Ltd.'s Sale to Astara Energy Corp.

Counsel to Shield Energy Ltd. on its sale to Astara Energy Corp. for an undisclosed amount

Summerland Energy Inc.'s sale to Clear North Energy Crop.

Counsel to Summerland Energy Inc. on its sale to Clear North Energy Corp. for an undisclosed amount

Certarus Ltd.'s sale to Superior Plus Corp.

Counsel to Certarus Ltd. on its $1.05 billion sale to Superior Plus Corp.

Sale of Blackspur Oil Corp. to Astara Energy Corp. from Calima Energy Limited

Counsel to Blackspur Oil Corp. on its sale to Astara Energy Corp. from Calima Energy Limited for an undisclosed amount 

Ricochet Acquisition Corp. Financing

Counsel to Ricochet Acquisition Corp. on its financing in connection with its acquisition of Ricochet Oil Inc.

Astara Energy Corp. acquisition of Shield Energy Ltd.

Counsel to Astara Energy Corp. on its acquisition of Shield Energy Ltd. completed by plan of arrangement.

Clear North Energy Corp. acquisition of Summerland Energy Inc.

Counsel to Clear North Energy Corp. on its $72 million acquisition of Summerland Energy Inc.

Clear North Energy Corp. Non-Brokered Private Placement

Counsel to Clear North Energy Corp. on its non-brokered private placement.

Lycos Energy Inc. Public Offering

Counsel to Lycos Energy Inc. on its $35 million bought deal equity financing in connection with its acquisition of Durham Creek Exploration Ltd.

ARC Resources Ltd.'s $8.1 billion combination

Counsel to ARC Resources Ltd. in its $8.1 billion strategic Montney combination with Seven Generations Energy, resulting in ARC becoming Canada's largest condensate producer, third-largest natural gas producer and sixth-largest upstream energy company.

Blackline Safety Corp. in bought deal public offering

Acted for Blackline Safety Corp. in bought deal public offering of Common Shares for aggregate gross proceeds of approximately $12 million through a syndicate of underwriters led by PI Financial Corp. and concurrent non-brokered private placement of Common Shares for gross proceeds of $13 million, for total gross proceeds of approximately $25 million. Closed August 31, 2022.

Petrus Resources' acquisition and refinancing transactions

Counsel to Petrus Resources Ltd. for its $15 million acquisition of a privately owned limited partnership and its general partner with Cardium assets located at Ferrier, Alberta, $20 million rights offering, $30 million revolving loan facility, and $25 million second lien term facility.

Blackline Safety Corp.'s bought deal financing

Counsel to Blackline Safety Corp. in its bought deal financing of 5,480,000 common shares for gross proceeds of approximately $40 million.

Tidewater Renewables $150 million public offering

Counsel to a syndicate of underwriters led by CIBC in Tidewater Renewables Ltd.'s initial public offering of 10,000,000 common shares for gross proceeds of $150 million.

Bengal Energy $16.5 million private placement

Counsel to Bengal Energy in its non-brokered private placement of 330,720,000 common shares for aggregate gross proceeds of approximately $16.5 million

FYi Eye Care Services and Products Inc.'s strategic investment

Counsel to FYi Eye Care Services and Products Inc., the world's largest optometrist-controlled eye care company, in connection with the strategic minority equity investment in FYi made by L Catterton Management Limited, the largest and most global consumer-focused private equity firm, for an undisclosed amount.

Clarke Inc.'s acquisition of Holloway Lodging Corporation

Counsel to Clarke Inc. and the special committee of Clarke's board of directors in Clarke's acquisition of the 49% of Holloway Lodging Corporation that it did not already own. The acquisition was completed by plan of arrangement.

Enerflex Ltd.'s acquisition of Mesa Compression, LLC

Counsel to Enerflex Ltd., through the U.S. entity Enerflex Energy Systems Inc., in its US$106 million acquisition of U.S. based contract compression business, Mesa Compression, LLC.

Canyon Services Group Inc.'s acquisition by Trican Well Service Ltd.

Counsel to Canyon Services Group in the $637 million acquisition by Trican.

Spur Resources Ltd.'s $407 million acquisition

Counsel to Spur Resources Ltd. in the $407.5 million acquisition by Tamarack Valley Energy Ltd.

FirstEnergy Capital Corp.'s acquisition by GMP Capital Inc.

Counsel to FirstEnergy Capital Corp. in its $99 million acquisition by GMP Capital Inc..

Freehold Royalties Ltd.'s $373 million public offering

Counsel to Freehold Royalties Ltd.in its $373 million public offering of 20,700,000 common shares and the $33 million private placement of 1,833,334 common shares.

Acquiring and financing solar projects in Alberta

Counsel to a developer in connection with the acquisition and on-going project finance of five solar projects.

Clarke Inc. acquisition of Holloway Lodging Corporation

Counsel to Clarke Inc. and the special committee of Clarke's board of directors in connection with Clarke's acquisition of the 49% of Holloway Lodging Corporation that it did not already own. The acquisition was completed by statutory Plan of Arrangement

TriWest Capital Partners investment in HPC Energy Services Ltd.

Counsel to HPC Energy Services Ltd. in a Plan of Arrangement whereby TriWest Capital Partners acquired a majority interest in HPC Energy Services Ltd.

Commercial agreements for Annex Ale Project

Counsel to Annex Ale Project with respect to advising on various corporate matters and commercial agreements.

Awards

Recent Honours and Recognitions 

Named in the Legal 500 Canada as a recommended lawyer in Corporate and M&A (2023)