Heather Zordel

Heather Zordel* is a partner in the Securities Group at Cassels Brock in Toronto, focusing on corporate finance and securities regulatory compliance. She brings structured products to market and works with investment funds. She lists companies on the TSX and TSXV and assists public companies in complying with stock exchange and securities commission requirements. In addition to her law practice, Heather is the Co-Director and a Course Director for the Osgoode Hall LL.M program in securities law and also teaches in legal professional development programs. Her career has included a number of years working for the TSX. Heather was also a contributing author in the Carswell book "Corporation Finance for Canadian Executives".  Heather has served on the board of a crown corporation and currently serves on the boards of several private corporations. She has a B.Comm. from the University of Saskatchewan and an LL.B. and LL.M. from Osgoode Hall Law School. Heather was appointed by the Federal Minister of Finance to the Expert Panel on Securities Regulation tasked with providing advice on the best way forward to improve securities regulation in Canada. The Expert Panel tabled a report and a model federal securities act in January 2009, with recommendations the Canadian government is pursuing through the transition office it has established to create a Canadian Securities Regulator. She was also appointed to the Securities Advisory Committee, which provides advice to the Ontario Securities Commission on legislative and policy initiatives and capital markets trends.

Heather's experience includes acting as:

• Agent's counsel on a bank offering of common shares and warrants
• Private international issuer's counsel for plan of arrangement to ensure new SEC registration requirements would not apply
• Advisor in monetization by City of Toronto of interest in a utility
• Advisor on securities law elements in connection with the court-supervised sale of two of North America's largest automakers
• Acted for underwriters in a bank offering of preferred shares
• Issuer's counsel in acquisition of a Canadian public company by a U.S. company
• Agents' counsel for prospectus offerings of notes under a medium term note program, for renewals of the medium term note program and for prospectus offerings of capital trust securities
• Issuer's Canadian counsel for a US company listed on both NASDAQ and the TSX
• Capital pool company and resulting issuer counsel for a foreign company qualifying transaction and public financing
• Agents' counsel for a mining IPO
• Issuer's counsel for annual prospectus renewals for an investment fund and for initial public offering for another fund
• Issuer's counsel for rights offerings for a TSX-listed mining exploration company
• Agents' counsel and issuer's counsel for various private placements of common shares, warrants and convertible debentures
• Issuer's counsel for flow-through investment fund prospectus offerings
• Canadian counsel to US company selling off a substantial part of its business to a Canadian company
• Company counsel for a reorganization and financial asset acquisition
• Issuer's counsel for a substantial issuer bid for all outstanding publicly held shares
• Issuer's counsel for a listing migration from TSX-VE to TSX and for an initial public offering and TSX listing
• Issuers' principal securities counsel, working with corporate counsel in connection with various public company issues and securities law filings
• Advisor to international securities advisors in obtaining Ontario securities registration
• Agent's counsel on an agricultural investment company IPO

*denotes Professional Corporation

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