Experience

Prior to 2004, significant transactions that Gordon undertook included acting for:

• A major Canadian financial institution in connection with the proposed demutualization and acquisition of a large credit union
• A US investment dealer in connection with a series of cross-border high yield debt offerings by a B.C. based forest products company, aggregating more than US$700 million
• A large B.C. based forest products company, in connection with its contested acquisition of another publicly traded forest products company, Pacifica Papers Inc.
• A large B.C. based forest products company, in connection with a series of cross-border high yield debt offerings, aggregating US$650 million and a C$217 million equity offering

Since 2003, transactions on which Gordon has acted have included the following:

Adamus Resources Limited

(September 2004) – private placement – proceeds A$4.2 million
(June 2005) – private placement – proceeds A$3 million
(May 2006) – private placement – proceeds A$13 million

Anvil Mining Limited

(June 2004) initial Canadian offering and TSX listing – proceeds C$7 million
(December 2004) private placement – proceeds C$20 million
(March 2006) share offering – proceeds C$149.5 million
(June 2007) share offering – proceeds C$200 million
(May 2009) share offering – proceeds C$34.5 million
(December 2009) private placement of US $100 million and loan facility of US$100 million with Trafigura Beheer B.V.

Australian Solomons Gold Pty Ltd. (counsel to the dealer)

(May 2006) – private placement – proceeds US$3.8 million

bcMetals Corporation

(August 2005 to September 2006) – negotiation of joint venture, offtake and project financing arrangements
(September 2006 to February 2007) – defence of two competing unsolicited takeover bids

Catalyst Paper Ltd.

(February 2006) – secondary share offering – proceeds C$192 million

Dioro Exploration NL

(February 2008) – private placement and TSX listing – proceeds C$50 million

Euro Ressources S.A.

(November 2007) – rights offering under French law – proceeds €7.6 million
(January 2009) – defence of unsolicited takeover bid by IAMGOLD Corporation – value €74 million

Fusion Resources Limited

(June 2007) – private placement – proceeds A$18 million
(May 2008) – TSX listing

Finning International Inc. (counsel to the dealer)

(November 2004) – common share offering – proceeds C$305 million
(December 2004) – offering of medium term notes – principal amount of C$150 million
(May 2008) – offering of medium term notes in two tranches – principal amount aggregating C$600 million

Fortress Paper (counsel to the dealers)

(June 2007) – initial public offering and TSX listing – proceeds C$46 million

Lafayette Mining Limited

(March 2005) – private placement – proceeds A$4 million

Marengo Mining Limited

(August 2007) – private placement – proceeds A$5.5 million
(April 2008) – initial Canadian offering and TSX listing – proceeds C$9.8 million
(August 2009) private placement and public offering – proceeds of A$21.7 million

Mercer International Inc. (counsel to dealers)

(February 2005) – MJDS offering of high yield notes – proceeds US$310 million
(February 2005) – MJDS offering of shares – proceeds US$91 million

Minera Andes Inc.

(March 2009) – private placement to strategic investor – proceeds C$40 million
(August 2009) – common share and warrant offering – proceeds C$20 million

Mirabela Nickel Limited

(May 2007) – initial Canadian offering and TSX listing – proceeds C$183 million
(March 2009) – private placement – proceeds A$38.9 million
(March 2009) – public offering of shares – proceeds C$120 million
(December 2009) – private placement – proceeds of C$12.3 million

Moto Goldmines Limited

(November 2004) – private placement – proceeds A$4.1 million
(May 2005) – reverse takeover by Moto Goldmines Limited of King Products Inc. and TSX listing
(August 2005) – private placement – proceeds C$18.9 million
(March 2006) – public offering – proceeds C$42.1 million
(January 2008) – private placement – proceeds C$7.6 million
(April 2008) – public offering – proceeds C$47.8 million
(April 2009) – public offering – proceeds of C$50 million
(October 2009) – contested takeover bid by Red Back Mining Inc. and Randgold Resources Ltd. – value C$655 million

Paladin Energy Ltd.

(October 2004) – private placement – proceeds $A$77 million
(March/April 2005) – private placement – proceeds C$31.2 million
(April 2005) – TSX listing
(October 2005) – private placement – proceeds A$77 million
(December 2006) – private placement of convertible notes – principal US$250million
(February 2008) – private placement of convertible notes – principal US$325 million
(September 2009) – global private placement – proceeds A$429 million

Perseus Mining Limited

(June 2009) – private placement – proceeds A$30 million
(November 2009) – private placement – proceeds C$34 million

University of British Columbia (counsel to the dealers)

(July 2005) – private placement of debentures – principal C$125 million

Tiger Resources Limited

(May 2007) – private placement – proceeds A$18 million
(July 2008) – TSX listing

Troy Resources NL

(February and March 2008) – public offering and TSX listing – proceeds C$24.7 million
(July 2008) – sale of shares of Comaplex Minerals Corp. – proceeds C$46.9 million
(March 2009) – acquisition of Casposo gold-silver deposit in Argentina US$22 million

Western Prospector Ltd. (counsel to the dealers)

(April 2005) – private placement – proceeds C$20 million;
(October 2005) – private placement – proceeds C$20.8 million

News / Publications

“Trends in Financing the Software Industry: Addressing the Issues of Public Offering, Strategic Alliance, Outsourcing and Venture Capital” (October 19, 1994)

“NorskeCanada Acquisition of Pacifica: A Commentary” Federated Press – Corporate Governance (2001)

Conferences

Pipestone Securities Law Conference (September 2009), Co-Chair

"Mergers & Acquisitions" BC CLE Conference (February 2009)

Pipestone Securities Law Conference (October 2007), Co-Chair

“Hostile M&A – Practical Considerations” BC CLE Conference (February 2007), Speaker

“The Why, When and How of Successful Special Board Committees” Institute of Corporate Directors, B.C. Chapter (September 2006)

KPMG’s Audit Committee Institute Roundtable, Audit Committee Institute (Fall 2006), Panel Member

“M&A Survey” BC CLE Conference (March 2006), Speaker

“Corporate Finance Update” Pipestone Securities Law Conference (October 2005), Speaker

“CSA Update" BC CLE Conference (May 2005), Speaker

KPMG’s Audit Committee Institute Roundtable, Audit Committee Institute (Spring 2005), Panel Member

“Corporate Finance: Issues and Developments” Pipestone Securities Law Conference (October, 2003), Speaker

“Lessons Learned from the Pacifica Papers Case” BC CLE Conference (March 2002), Speaker

“NorskeCanada Acquisition of Pacifica Papers” Pipestone Securities Law Conference (October 2001), Speaker

“Outline of U.S. Securities Laws” BC CLE Conference “Securities Law – 2001 Update,” (March 2001), Speaker

Issuing and trading Securities on the Internet – What Dealers Need To Know, Insight Conference “Issuing and Trading Securities on the Internet” (October 1999)

Reporting Restructuring and Takeover Activities, Insight Conference “Complying with the New Rules for Corporate Disclosure” (January 1999)