On March 18, 2008, Canadian Royalties Inc. completed a short form prospectus offering of $137,500,000 aggregate principal amount of convertible senior unsecured debentures due March 31, 2015, including the exercise of the over-allotment option of $12,500,000 aggregate principal amount of debentures granted to the syndicate of underwriters led by BMO Nesbitt Burns Inc. and including Raymond James Ltd and Desjardins Securities Inc.
Canadian Royalties Inc. was represented by in-house counsel Luciana Zanella who was assisted by Lavery, de Billy, with a team composed of Sébastien Vézina, Josianne Beaudry, David Pineault, Benoît Mallette and Michèle Gamache (Translation).