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Paul Fornazzari Toronto Lawyer

Paul Fornazzari

Counsel Fasken
Jurisdiction Ontario, 1996
Language(s) English, Spanish
Office(s) Toronto
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Overview

By virtue of 27+ years of legal experience combined with acting as Chairman and a director of several listed companies in diverse industries, Paul Fornazzari brings a wealth of practical experience related to corporate/commercial, securities, corporate governance, and capital markets matters. Paul’s clients benefit from his strong local and international legal and capital markets network.

A fluent Spanish speaker from Latin America, Paul has transactional experience and strong networks in almost all jurisdictions in that region.

Advising boards, executive teams, entrepreneurs and investors, Paul acts for domestic and foreign clients in various industries including mining, petroleum, technology, life sciences (including cannabis) and financial services. These Clients rely on his extensive experience in deal structuring, corporate finance, mergers and acquisitions, divestitures, shareholder disputes, regulatory and stock exchange compliance and a wide variety of commercial arrangements.

Paul has a particular focus in lithium mining having been the founding Chair of Lithium Americas Corp, the first lithium brine company listed in Canada and assisted the Ontario Securities Commission (“OSC”) in formulating its policy on the application of NI 43-101 to lithium brine projects. Paul was also a founding director of Neo Lithium Inc., which was acquired for just under C$1B. He was the first to introduce the concept of an automatic securities trading plan for insiders in Ontario, and working with the OSC to formulate an acceptable form of such plan modelled after U.S. SEC Rule 10b5-1 plans.

He has presented on a variety of topics including creating and running a popular annual seminar on Latin American mining for the past 14 years held during PDAC, and written on Canadian mergers and acquisitions, corporate finance regulation, mining agreements, corporate governance, and CEO/CFO certification. Paul was a member of the TSX Venture Exchange’s Ontario and National Advisory Panels for 10 years, and is a member of the Rocky Mountain Mineral Law Foundation.

Paul’s practice has been recognized by legal directories including, Who’s Who Legal, Best Lawyers and the Canadian Legal Lexpert Directory.

Achievements

Client Work

  • Fredonia Mining Inc. completes non-brokered private placement, [Deal - Fredonia Mining Inc.], TSXV-listed mining company engaged in the exploration of gold and silver deposits in Argentina completes non-brokered private placement of units.
  • Champion Electric Metals Inc. consolidates a large land package prospective for lithium mineralization in James Bay, Quebec, [Deal - Champion Electric Metals Inc.], Canadian mineral exploration company acquires several blocks of mining claims prospective for lithium mineralization in the James Bay area in Quebec.
  • Champion Electric Metals Inc. completes C$4.2 million flow-through private placement, [Deal - Champion Electric Metals Inc.], Canadian mineral exploration company completes private placement offering of flow-through common shares.
  • Ccori Apu on its strategic equity investment of $45MM in Ascot Resources Premier Gold Project, [Deal - Ccori Apu S.A.C], Ccori Apu in its $45 million strategic equity investment with Ascot Resources Ltd. for the construction of Premier Gold Project located on Nisga’a Nation Treaty Lands in the prolific Golden Triangle of northwestern British Columbia.
  • Fredonia Mining Inc. completes C$4 million brokered private placement financing, [Deal - Fredonia Mining Inc.], C$4 million brokered private placement of units of Fredonia Mining Inc.
  • Neo Lithium Corp. acquired by Zijin Mining Group Co., Ltd., [Deal - Neo Lithium Corp.], Significant total cash consideration arrangement agreement in the mining industry.
  • Shareholder group initiates board changes at Avicanna Inc., [Deal - Avicanna Inc.], Avicanna Inc. and shareholder group agree to changes to the board of directors of Avicanna Inc.
  • Ion Energy Ltd. completes C$5.75 million public offering, [Deal - Ion Energy Ltd.], C$5.75 million bought deal public offering of units of Ion Energy Ltd.
  • Cormark Securites Inc. and Stifel GMP lead C$13.5 million Public Offering for PharmaCielo Ltd., [Deal - Cormark Securities Inc.], C$13.5 million overnight marketed public offering of common shares of PharmaCielo Ltd. led by Cormark Securities Inc. and Stifel Nicolaus Canada Inc.

Career & Education

Education

  • LLB University of Windsor
  • LLM, Securities Law Osgoode Hall Law School at York University

Knowledge

Events

News

Publications

  • Righting a Wrong: Canadian Regulators Improve the Rights Offering Regime, 2/16/2016
Article Righting a Wrong: Canadian Regulators Improve the Rights Offering Regime Timely Disclosure

Speaking Engagements

  • Corporate finance in relation to the mining industry, 1/17/2020
  • Lithium Investment, 9/6/2018
Guest lecturer Corporate finance in relation to the mining industry University of Western Ontario Law School location location London, ON
Moderator Lithium Investment Lithium Investment Symposium. The Past, The Present & The Future location location Toronto, ON, Canada Lithium Investment Symposium. The Past, The Present & The Future

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