Overview
Shannon Skillings is an associate in a business law group at Goodmans. She is developing a broad corporate practice acting for both private and public companies.
Shannon’s practice is transaction-based, with a particular emphasis on public and private mergers and acquisitions, corporate finance and securities law. She advises public and private companies and their investors on a variety of transactions, including domestic and cross-border mergers and acquisitions, going private transactions, equity and debt financings and corporate governance matters. Shannon also assists clients with continuous disclosure obligations, corporate governance, reorganizations and other corporate and securities law requirements.
Featured Work
Shannon’s representative work includes acting for:
Public Mergers & Acquisitions
- Rogers Communications Inc. in connection with its C$26 billion acquisition of Shaw Communications Inc., combining Canada’s two largest cable providers.
- Coeur Mining Inc. in connection with its US$1.7 billion acquisition of SilverCrest Metals Inc.
- WildBrain Ltd. in connection with the sale of two-thirds of its television broadcast business, including Family Channel, Family Jr., WildBrainTV and Télémagino, to IoM Media Ventures Inc.
Private Mergers & Acquisitions
- Kensington Private Equity Fund in connection with its C$70 million acquisition of Steelcraft Inc.
- Clairvest Group Inc., and its portfolio company NovaSource Power Services, in connection with the acquisition of the North American operations and maintenance business of First Solar, Inc.
- AMP Solar Group Inc. in connection with a US$374 million strategic growth investment from The Carlyle Group.
- Practice Better, a nutrition practice management platform for Health and Wellness professionals, in connection with its US$35 million sale to Five Elms Capital.
- Squad Security Inc. in connection with its sale to Protos Security, a tech-enabled managed security services provider.
Corporate Finance
- Organigram Holdings Inc. in connection with its C$124.6 million follow-on strategic equity investment from BT DE Investments Inc., a wholly-owned subsidiary of British American Tobacco plc.
- Greenhouse Juice in connection with its C$10 million equity financing led by InvestEco Capital with additional investment from Export Development Canada (EDC).
- ShipFusion, a leading provider of eCommerce order fulfillment, in connection with a US$40 million growth equity investment from Kayne Partners, the growth private equity group of Kayne Anderson Capital Advisors.
- VendorPM, a leading property technology company, in connection with its US$20 million Series A financing.
Capital Markets
- MCAN Mortgage Corporation d/b/a MCAN Financial Group in connection with its C$75 million at-the-market offering of common shares.
- MCAN Mortgage Corporation d/b/a MCAN Financial Group in connection with its C$29 million overnight marketed offering of common shares.
- BSR Real Estate Investment Trust in connection with its US$150 million at-the-market equity offering of trust units.
- BSR Real Estate Investment Trust in connection with its US$115 million bought deal offering of trust units.
- a syndicate of underwriters led by RBC Dominion Securities in connection with the C$170.1 million initial public offering of Boat Rocker Media Inc.
Corporate and Commercial Work
- Public and private companies in connection with ongoing securities compliance, corporate governance and commercial matters, including MCAN Mortgage Corporation d/b/a MCAN Financial Group, NovaSource Power Holdings, Inc., NexPoint Hospitality Trust, and Organigram Holdings Inc.
Mining Work
- Coeur Mining, Inc. in connection with its agreement with Cormark Securities Inc. to sell 5 million common shares of Victoria Gold Corp. for gross proceeds of approximately C$54.5 million.
- Gold Royalty Corp. in connection with its acquisition of a copper stream on the Vares Silver Project operated by a subsidiary of Adriatic Metals plc from OMF Fund III (Cr) Ltd., an entity managed by Orion Mine Finance Management LP, for US$50 million.
- TCP1 Corporation in its business combination with Atacama Copper Corporation, whereby Atacama acquired all of the issued and outstanding shares of TCP1 in exchange for common shares of Atacama in a reverse take-over transaction for proceeds of C$55 million.
Credentials
Credentials
- Western University, J.D., 2020
- Carleton University, B.Comm., 2016
Professional Affiliations
- Law Society of Ontario
- Canadian Bar Association
Call to Bar
- 2021 Ontario
Insights
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Capital Markets
CSA Provides Updated Guidance on Virtual Shareholder Meetings
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Intellectual Property Litigation
Minister of Health’s Decision Regarding the Interpretation of “Medicinal Ingredient" Reinstated
In Canada (Health) v Glaxosmithkline Biologicals S.A., 2021 FCA 71, the Federal Court of Appeal (the “FCA”) had its first opportunity to consider the Minister of Health’s (the “Minister… -
Intellectual Property Litigation
Microsoft files “Airplane Mode” design patent to protect its Surface tablet design
Microsoft recently filed a design patent in order to protect the design of its Surface Pro and Surface Go devices.The patent application relates to the “airplane mode” form of the devices, which lets… -
Intellectual Property Litigation
Spectrum Brands’ Appeal of Refusal to Grant Extension of Time Dismissed
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Technology
Google Opens Two More Accelerators to Canadian Start-ups
Google is expanding accelerators that it offers to Canadian start-ups, as the new remote reality makes it easier to offer virtual programs in North America.In a recent announcement, Google revealed… -
Technology
Shopify Partner Bold Commerce Grows, with Hopes to Expand Beyond Ottawa’s Giant Platform
Winnipeg-based Bold Commerce, once known as Shopify’s largest app developer, recently closed its $35 million CAD Series B funding round. The Series B financing was lead by OMERS Ventures, with…