James Guttman
PEOPLE

James Guttman

Partner
guttman.james@dorsey.com

Overview

JAMES WORKS TIRELESSLY FOR HIS CLIENTS INCLUDING PUBLICLY-TRADED COMPANIES AND CLOSELY-HELD COMPANIES, WITH A FOCUS ON MERGERS AND ACQUISITIONS, PUBLIC AND PRIVATE OFFERINGS, AND FINANCING TRANSACTIONS.

As a partner in the firm’s Capital Markets & Corporate Governance and Compliance Practice Group, the firm’s Mining Industry Group, and the firm’s Cannabis Group, James specializes in Canadian/U.S. cross border transactions.

James advises clients with respect to regulatory and compliance issues, including compliance with the rules and regulations of the Securities and Exchange Commission, state securities bureaus and self-regulatory organizations, and he prepares the periodic and current reports required to be filed by public companies. James’ experience also includes advising companies on listing compliance standards of the New York Stock Exchange, Nasdaq, OTCQX marketplace, OTCQB marketplace, and the NYSE American.

James is ranked by Lexpert as a leading finance and M&A lawyer and as Lawyer to Watch in 2023 as one of Canada’s leading lawyers under 40. James is also a leading member of the firm’s Cannabis Group that was named one of Law 360’s Cannabis Groups of the Year in 2021.  

Education & Admissions

American University Washington College of Law (J.D., 2007), magna cum laude (Dual J.D/LL.B. degree program)

University of Ottawa, Faculty of Law (Bachelor of Law, 2008), (Dual J.D./LL.B. degree program)

University of Western Ontario, Richard Ivey School of Business (Bachelor of Arts, Honours Business Administration, 2004), Graduated with Distinction

Admissions

  • New York
  • Licensed Foreign Legal Consultant in Ontario

Languages

  • English, French

Experience

Representative Transactions

Recent Financing Activities

  • Counsel to Eldorado Gold Corporation (NYSE) on its shelf registration statement (May 2023), its $500 million Senior Notes financing (August 2021), its $125 million at-the-market offering (September 2019), its $750 million shelf registration statement (August 2019), and its $300 million Senior Secured Second Lien Notes offering (June 2019)
  • Counsel to Nouveau Monde Graphite Inc. (NYSE) on its $22 million equity offering (April 2023), its $50 million convertible note offering (November 2022), and its $75 million at-the-market offering (January 2022)
  • Counsel to Integra Resources Corp. (NYSE American) in its Cdn$35 million equity financing (March 2023), $11 million equity financing (July 2022), $17 million equity financing (September 2021), $25 million at the market offering (December 2020), $23 million equity financing (September 2020), and its Cdn$100 million shelf registration statement (August 2020)
  • Counsel to Lithium Americas Corp. (NYSE) in its $1 billion shelf registration statements (February 2023), the equity investment by General Motors of up to $650 million (January 2023), its $258 million convertible senior notes offering (December 2021), its $400 million equity financing (January 2021), $100 million at the market program (October 2020), and its $500 million shelf registration statement (September 2020)
  • Counsel to Curaleaf Holdings (CSE) in connection with its shelf registration statement (January 2023), its offering of $475 million senior secured notes (December 2021), itsCdn$317 million equity financing (January 2021), and its $1 billion shelf registration statements (November 2020)
  • Counsel to Columbia Care (CSE) in its $185 million offering of senior secured notes (February 2022)
  • Counsel to Wonderfi Technologies Inc. (TSX) on its Cdn$45 million bought deal equity offering (February 2022)
  • Counsel to Base Carbon Corp. in its Cdn$50 million equity financing (December 2021)
  • Counsel to a Canaccord, as lead agent, in connection with an offering of $350 million of senior secured notes (October 2021) and as lead underwriter, in connection with a $228 million equity financing of Trulieve Cannabis Corp. (April 2021)
  • Counsel to Converge Technology Solutions Corp. (TSX) in its Cdn$259 million equity financing (September 2021), its Cdn$20 million equity financing (January 2021), and its Cdn$30 million equity financing (September 2020)
  • Counsel to Ascend Wellness Holdings Inc. in its $92 million initial public offering (May 2021)
  • Counsel to Americas Gold & Silver Corporation (NYSE American) in its $50 million at the market offering (May 2021), its Cdn$30 million equity financing (January 2021), its Cdn$75 million shelf registration statement (January 2021), and its Cdn$35 million equity financing (August 2020)
  • Counsel to IM Cannabis Corp. (NASDAQ) in its $35 million equity financing (May 2021) and $250 million shelf registration statement (March 2021)
  • Counsel to Medipharm Labs (TSX) in its Cdn$20 million equity financing (March 2021), its Cdn$37.8 million private placement of unsecured convertible notes and warrants (June 2020), and Cdn$75 million equity financing (June 2019)
  • Counsel to Small Pharma in its $45.5 million equity offering (March 2021)
  • Counsel to Energy Fuels Inc. (NYSE American) in its at-the-market offering program, its $300 million shelf registration statement (March 2021), its $16.6 million equity financing (February 2020), its $150 million shelf registration statements (November 2018), its $13 million equity financing (September 2016), its $100 million shelf registration statement (April 2016), its $12 million equity financing (April 2016), and its $100 million shelf registration statement (March 2014)
  • Counsel to SilverCrest Metals Inc. (NYSE American) in its $138 million equity offering (February 2021), its Cdn$200 million shelf registration statement (June 2020), its Cdn$101 million equity financing (April 2020), its Cdn$92 million equity financing (December 2019), and its Cdn25 million equity financing (August 2019)
  • Counsel to a Canaccord, as lead underwriter, in connection with a Cdn$60 million equity financing of Organigram Holdings Inc. (NASDAQ) (November 2020)
  • Counsel to Titan Medical Inc. (NASDAQ) on multiple equity financings raising over $24 million in 2021 and $20 million in 2020, its $25 million equity financing (March 2019), and its $19 million equity financing (August 2018)
  • Counsel to Canopy Growth Corporation (NYSE) on the Cdn$5 billion investment by Constellation Brands (November 2018) and its Cdn$600 million convertible senior notes offering (June 2018)

Recent Mergers and Acquisitions

  • Counsel to Energy Fuels Inc. (NYSE American) in its sale of certain assets to EnCore Energy Corp. (February 2023), its sale of certain assets to Consolidated Uranium Inc. (November 2021), its acquisition of certain assets of Excalibur Industries (August 2018), and its acquisition of Uranerz Energy Corp. (NYSE MKT) (June 2015)
  • Counsel to GVB Biopharma on its acquisition by 22nd Century (NASDAQ) (May 2022)
  • Counsel to Kirkland Lake Gold Inc. (TSX) in connection with its merger of equals with Agnico Eagle Mines Limited (February 2022), its Cdn$4.89 billion acquisition of Detour Gold Corporation (TSX) (January 2020), its Cdn$1.2 billion business combination with Newmarket Gold Inc. (TSX) (December 2016), and its acquisition of St Andrew Goldfields Ltd. valued at Cdn$178 million (January 2016)
  • Counsel to CloudMD Software & Services Inc. (TSXV) in its Cdn$116 million acquisition of MindBeacon Holdings Inc. (TSX) (Jan 2022)
  • Counsel to IM Cannabis Corp. (NASDAQ) in its acquisitions of MYM Nutraceuticals Inc. (July 2021) and Trichome Financial Corp. (March 2021)
  • Counsel to Dundee Precious Metals Inc. (TSX) in its CDN$104 million acquisition of INV Metals Inc. (TSX)(May 2021)
  • Counsel to Eldorado Gold Corporation (NYSE) in its approximately Cdn$132 million acquisition of QMX Gold Corporation (TSX-V)(April 2021), its Cdn$590 million acquisition of Integra Gold Corp (TSX-V) (July 2017), and its $2.4 billion acquisition of European Goldfields Ltd. (February 2012)
  • Counsel to Canopy Growth Corporation (TSX) on its acquisition of Hiku Brands Company Ltd. (CSE) (September 2018)

Recent Listing Activities

  • Counsel to Alpine Summit Energy Partners, Inc. on its NASDAQ Listing (2022)
  • Counsel to IM Cannabis Corp. and Engine Media Holdings on their NASDAQ listings (2021)
  • Counsel to Integra Resources Corp. on its NYSE American listing (2020)
  • Counsel to Canopy Growth Corporation and Aphria Inc. on their NYSE Listings (2018)
  • Counsel to SilverCrest Metals Inc. on its NYSE American listing (2018)
  • Counsel to Titan Medical Inc. on its NASDAQ listing (2018)
  • Counsel to Kirkland Lake Gold Ltd. on its NYSE listing (2017)
  • Counsel to Caledonia Mining Corporation Plc on its NYSE American listing (2017)
  • Counsel to Americas Silver Corporation on its NYSE MKT listing (2017)
  • Counsel to Sphere 3D Corporation on its NASDAQ listing (2014)
  • Counsel to Energy Fuels Inc. on its NYSE MKT listing (2013)
  • Assisted over 175 Canadian issuers on their trading on the OTCQX and OTCQB marketplaces including Acreage Holdings Inc., Ascend Wellness Holdings Inc, Bombardier Inc., Converge Technology Solutions Corp., Curaleaf Holdings, Inc., Ivanhoe Mines Ltd., Largo Resources Ltd., SilverCrest Metals Inc., and Wesdome Gold Mines

News & Resources

Articles

FAQs on the SEC's Prescribed Clawback Policy
Dorsey releases Updated Guide for Canadian issuers to trade on the OTCQX and OTCQB
Guide to Joining the OTCQX or the OTCQB Markets for Canadian and Other Foreign Issuers
The Lights Could Go Out on Over-the-Counter Companies on September 28, 2021
Dorsey releases new Guide for Canadian issuers to trade on the OTCQX and OTCQB
Guide to Joining the OTCQX or the OTCQB Markets for Canadian and Other Foreign Issuers
NASDAQ and NYSE Provide Temporary Relief from Certain Continued Listing Requirements
OTC Markets Provides Temporary Relief to OTCQX and OTCQB Issuers Due to Covid-19
New Disclosure Requirements for OTCQB Quoted Issuers
How to Avoid Being Required to Obtain Audit Partner Consents
The SEC Adopts New Rules Regarding Mining Disclosure
Canadian Cannabis Companies Begin to Trade on National Stock Exchanges in the United States
Recent NYSE and NYSE American Announcements
Changes to Upcoming Auditor’s Reports
Compliance with XBRL for Foreign Private Issuers that Prepare their Financial Statements in Accordance with IFRS Required Beginning with Annual Reports for Fiscal Periods Ending on or after December 15, 2017
Compliance with XBRL for Foreign Private Issuers that Prepare their Financial Statements in Accordance with IFRS Required Beginning with Annual Reports for Fiscal Periods Ending on or after December 15, 2017
Securities Law Matters to Consider for 2017
"Guide to Joining the OTCQX or the OTCQB Marketplaces for Canadian and Other Foreign Issuers" (co-authors Kenneth Sam, Chris Doerksen, Jason Brenkert, James Guttman)
“Guide to Listing on the OTCQX for Canadian Issuers” (co-authors, Kenneth Sam, Christopher Doerksen, Jason Brenkert and James Guttman)

News & Press Mentions

Cannabis Group Of The Year: Dorsey & Whitney
Dorsey & Whitney Names New Partners

Events & Speaking Engagements

Webinar Playback: Trading on the OTCQX/OTCQB Markets for Canadian Issuers

Select Presentations

  • United States securities law presentations to various Canadian law firms (2016, 2017, 2020)
  • Osgoode Hall Law School, Professional Development, Fundamentals of U.S. Securities Law; Presentation on Listing and Continuous Reporting in the United States (2019 and 2020)
  • Law Society of Ontario Securities Law Update (2017)
  • United States securities law presentations to various Canadian law firms and investment banks (2012)

Industries & Practices

  • Canada Cross-Border Transactions
  • Capital Markets
  • Corporate Governance & Compliance
  • Energy & Natural Resources
  • Food, Beverage & Agribusiness
  • Healthcare & Life Sciences
  • Mergers & Acquisitions
  • Mining
  • Oil & Gas
  • Public Finance
  • Technology

Professional & Civic

Professional Achievements

  • New York State Bar Association
James Guttman