Ravipal S. Bains 

Ravipal S. Bains

Vancouver
Royal Centre, Suite 1500
1055 West Georgia Street, PO Box 11117
Vancouver, British Columbia V6E 4N7

t: 236.826.3262
e: Ravipal.Bains@mcmillan.ca

overview

Ravipal S. Bains is a trusted advisor in the field of mergers and acquisitions, corporate governance, and corporate finance in Canada. Ravi has represented clients in a number of complex transactions, including the first-ever contested takeover bid following the introduction of the new regulatory regime in 2016. He acts for issuers and private equity funds in a variety of sectors, including mining, forestry, and technology. He has advised parties on both sides of negotiations, including shareholders, boards of directors, and special committees. In 2019, The M&A Advisor recognized Ravi as one of the “Emerging Leaders” (formerly, the 40 under 40).

A frequent author, Ravi’s commentary has been featured in national and international publications, including the Harvard Law School Forum on Corporate Governance and Financial Regulation, The Globe and Mail, Lexpert, Private Equity International, Business in Vancouver, and The Vancouver Sun. He is interested in the current trends in sustainability and transformative technologies and has presented his research at the University of California Davis, European Banking Institute, and National University of Juridical Sciences.

Ravi was called to the Bar of British Columbia in 2016. He is also involved with a number of business organizations, including the Business Council of British Columbia, Greater Vancouver Board of Trade, and the Association for Corporate Growth.

He is a graduate of the University of Ottawa, where he served as the Editor-in-Chief of the Ottawa Law Review. Ravi also holds an undergraduate degree from Panjab University, India. Prior to McMillan, he was a legal advisor at the United Nations International Criminal Tribunal for the former Yugoslavia. Born and raised in rural Punjab, he also clerked at the High Court of Punjab and Haryana and worked at one of India’s premier business law firms.

Representative Matters

 Mergers and Acquisitions

  • Aurora Cannabis Inc. in its C$3.2 billion acquisition of MedReleaf Corp. by way of a plan of arrangement (2018)
  • Waterous Energy Fund in its C$85 million going private transaction of Cona Resources Ltd. by way of a plan of arrangement (2018)
  • Asanko Gold Inc. in its US$185m joint venture with Gold Fields Limited for a 50% joint venture interest in Asanko’s 90% interest in the Asanko Gold Mine in Ghana, West Africa
  • Waterous Energy Fund in its C$244 million. acquisition of approximately 67% of common shares of Cona Resources Ltd. from affiliates of Riverstone Holdings, LLC  and NGP Energy Capital Management, LLC (2017)
  • Amarc Resources Inc. in C$60 million earn-in and joint venture mineral property transactions involving Hudbay Minerals Inc. (2017)
  • Tahoe Resources Inc. in its purchase of certain mining claims from Constantine Metal Resources Ltd. (2017)
  • Tahoe Resources Inc. in its purchase of certain mining claims from Hecla Mining Inc. (2017)
  • Teck Resources Limited in its C$23.2 million acquisition of AQM Copper Inc. by way of a plan of arrangement (2017)
  • Tahoe Resources Inc. in its C$1.06 billion acquisition of Lake Shore Gold Corp. by way of a plan of arrangement (2016)

Special Situations and Contested Transactions

  • Aurora Cannabis Inc. in its C$1.1 billion successful unsolicited takeover bid for CanniMed Therapeutics Inc. (2017)
  • Stirling Global Value Fund Inc., a significant shareholder of Canexus Corporation, in a three-way contested transaction in the course of Canexus Corporation’s acquisition by Chemtrade Logistics Income Fund. in a C$900 million transaction (2016)
  • Dissident shareholder group in its successful proxy contest against the management of Khan Resources Inc. (2017)
  • Dissident shareholder group in its proxy contest against the management of Ximen Mining Corp. (2017)
  • Taseko Mines Limited it its successful defence in a litigious proxy contest initiated by a dissident shareholder group (2016)

Corporate Finance

  • Aurora Cannabis Inc. in its US$750 million mixed shelf offering of equity, debt and convertible securities (2019)
  • Taseko Mines Limited in its public offering of US$250 million of senior notes (2017)
  • Aurora Cannabis Inc. in its C$75 bought deal financing by way of a private placement (2017)
  • Auryn Resources Ltd in its C$45 million flow-through financing and strategic investment by Goldcorp Inc. (2017)
  • Merus Labs International Inc. in its C$27 million private placement of subscription receipts and related qualifying prospectus (2016)

Corporate Governance

  • Board of Directors of a TSX listed issuer in improving their environmental, social and governance disclosure, including addressing questions and comments raised by proxy advisory firms such as ISS and Glass Lewis (Ongoing) 
  • Board of Directors of TSX and NYSE listed issuers in respect of governance standards, including public disclosure, internal controls, and executive compensation related issues (Ongoing)
  • Board of Directors of TSX and NYSE listed issuers in respect of annual proxy materials, CEO/CFO certifications, and shareholder meetings (Ongoing)
  • TSX and NYSE listed issuers in managing shareholder relations and disputes, including compliance with proxy voting guidelines of ISS, Glass Lewis and major institutional investors and developing internal frameworks and policies to address these governance requirements (Ongoing)
  • Governance committee of a TSX listed issuer in regards to comprehensive updates to codes of ethics, whistleblowing policy, diversity policy and conflicts of Interest (2019)

News

McMillan Receives an Impact Deal of the Year Award at the ITR Americas Tax Awards
Ravipal Bains Receives The M&A Advisor Emerging Leaders Award
McMillan Highlighted in both Lexpert's Top 10 Deals and Top 10 Business Decisions

Education

  • University of Ottawa, J.D. - 2015
  • Panjab University, B.A, LL.B. (Hons.) - 2012

Year Of Call

  • Called to the British Columbia bar - 2016

Practices

acquisitions and divestitures
capital markets
corporate finance
corporate governance
mergers and acquisitions
private equity
takeover bids

Directorships and Professional Associations

  • Law Society of British Columbia
  • Business Council of British Columbia
  • Greater Vancouver Board of Trade
  • Association for Corporate Growth British Columbia

Awards & Rankings

Media Mentions

linked in vcard

Ravipal S. Bains is a trusted advisor in the field of mergers and acquisitions, corporate governance, and corporate finance in Canada. Ravi has represented clients in a number of complex transactions, including the first-ever contested takeover bid following the introduction of the new regulatory regime in 2016. He acts for issuers and private equity funds in a variety of sectors, including mining, forestry, and technology. He has advised parties on both sides of negotiations, including shareholders, boards of directors, and special committees. In 2019, The M&A Advisor recognized Ravi as one of the “Emerging Leaders” (formerly, the 40 under 40).

A frequent author, Ravi’s commentary has been featured in national and international publications, including the Harvard Law School Forum on Corporate Governance and Financial Regulation, The Globe and Mail, Lexpert, Private Equity International, Business in Vancouver, and The Vancouver Sun. He is interested in the current trends in sustainability and transformative technologies and has presented his research at the University of California Davis, European Banking Institute, and National University of Juridical Sciences.

Ravi was called to the Bar of British Columbia in 2016. He is also involved with a number of business organizations, including the Business Council of British Columbia, Greater Vancouver Board of Trade, and the Association for Corporate Growth.

He is a graduate of the University of Ottawa, where he served as the Editor-in-Chief of the Ottawa Law Review. Ravi also holds an undergraduate degree from Panjab University, India. Prior to McMillan, he was a legal advisor at the United Nations International Criminal Tribunal for the former Yugoslavia. Born and raised in rural Punjab, he also clerked at the High Court of Punjab and Haryana and worked at one of India’s premier business law firms.

 Mergers and Acquisitions

  • Aurora Cannabis Inc. in its C$3.2 billion acquisition of MedReleaf Corp. by way of a plan of arrangement (2018)
  • Waterous Energy Fund in its C$85 million going private transaction of Cona Resources Ltd. by way of a plan of arrangement (2018)
  • Asanko Gold Inc. in its US$185m joint venture with Gold Fields Limited for a 50% joint venture interest in Asanko’s 90% interest in the Asanko Gold Mine in Ghana, West Africa
  • Waterous Energy Fund in its C$244 million. acquisition of approximately 67% of common shares of Cona Resources Ltd. from affiliates of Riverstone Holdings, LLC  and NGP Energy Capital Management, LLC (2017)
  • Amarc Resources Inc. in C$60 million earn-in and joint venture mineral property transactions involving Hudbay Minerals Inc. (2017)
  • Tahoe Resources Inc. in its purchase of certain mining claims from Constantine Metal Resources Ltd. (2017)
  • Tahoe Resources Inc. in its purchase of certain mining claims from Hecla Mining Inc. (2017)
  • Teck Resources Limited in its C$23.2 million acquisition of AQM Copper Inc. by way of a plan of arrangement (2017)
  • Tahoe Resources Inc. in its C$1.06 billion acquisition of Lake Shore Gold Corp. by way of a plan of arrangement (2016)

Special Situations and Contested Transactions

  • Aurora Cannabis Inc. in its C$1.1 billion successful unsolicited takeover bid for CanniMed Therapeutics Inc. (2017)
  • Stirling Global Value Fund Inc., a significant shareholder of Canexus Corporation, in a three-way contested transaction in the course of Canexus Corporation’s acquisition by Chemtrade Logistics Income Fund. in a C$900 million transaction (2016)
  • Dissident shareholder group in its successful proxy contest against the management of Khan Resources Inc. (2017)
  • Dissident shareholder group in its proxy contest against the management of Ximen Mining Corp. (2017)
  • Taseko Mines Limited it its successful defence in a litigious proxy contest initiated by a dissident shareholder group (2016)

Corporate Finance

  • Aurora Cannabis Inc. in its US$750 million mixed shelf offering of equity, debt and convertible securities (2019)
  • Taseko Mines Limited in its public offering of US$250 million of senior notes (2017)
  • Aurora Cannabis Inc. in its C$75 bought deal financing by way of a private placement (2017)
  • Auryn Resources Ltd in its C$45 million flow-through financing and strategic investment by Goldcorp Inc. (2017)
  • Merus Labs International Inc. in its C$27 million private placement of subscription receipts and related qualifying prospectus (2016)

Corporate Governance

  • Board of Directors of a TSX listed issuer in improving their environmental, social and governance disclosure, including addressing questions and comments raised by proxy advisory firms such as ISS and Glass Lewis (Ongoing) 
  • Board of Directors of TSX and NYSE listed issuers in respect of governance standards, including public disclosure, internal controls, and executive compensation related issues (Ongoing)
  • Board of Directors of TSX and NYSE listed issuers in respect of annual proxy materials, CEO/CFO certifications, and shareholder meetings (Ongoing)
  • TSX and NYSE listed issuers in managing shareholder relations and disputes, including compliance with proxy voting guidelines of ISS, Glass Lewis and major institutional investors and developing internal frameworks and policies to address these governance requirements (Ongoing)
  • Governance committee of a TSX listed issuer in regards to comprehensive updates to codes of ethics, whistleblowing policy, diversity policy and conflicts of Interest (2019)