Michael T. Waters

Associé

Vancouver

Michael practises corporate and securities law with particular emphasis on corporate finance, mergers and acquisitions, investment fund management and corporate governance.

In his M&A practice, Michael advises acquirers and target companies in friendly and hostile takeover bids, plans of arrangements, reverse takeovers and other business combinations.

He represents public and private issuers, underwriters and institutional investors in a wide range of financing transactions, including initial public offerings, secondary offerings, private placements and royalty and streaming transactions as part of his corporate finance practice.

In his investment fund practice, Michael advises Canadian and international investment funds, hedge funds and investment fund managers in connection with the formation, offering and management of retail and exempt investment funds, fund reorganizations and mergers, dealer and advisor registration matters, compliance and disclosure obligations, and fund governance.

Experience

  • Acted for Pan American Silver Corp. in connection with an agreement to sell a 100% interest in La Arena S.A., which owns the La Arena gold mine as well as the La Arena II development project in Peru, to Jinteng (Singapore) Mining Pte. Ltd., a subsidiary of Zijin Mining Group Co., Ltd., for US$295 million.
  • Acted as vendor's counsel in connection with sale of Squirrel Systems Inc., a point of sale technology and software provider, to the Volaris Group, an operating group of Constellation Software Inc.
  • Acted for Lumina Gold Corp. in connection with a $300 million precious metals purchase agreement with Wheaton Precious Metals, providing pre-construction and construction funding for Lumina Gold's Cangrejos gold-copper project situated in El Oro Province, Ecuador.

Beyond our Walls

Professional Involvement

  • Adjunct Professor, "Securities Regulation," University of British Columbia Faculty of Law, 2015-2020
  • Co-Editor, British Columbia Securities Act and Rules Annotated, Thomson Reuters edition
  • Member, Canadian Bar Association, BC Branch, Securities Law Section
  • Member, Law Society of British Columbia

Awards & Recognitions

  • Recognized in the 2025 edition (and since 2021) of The Best Lawyers® in Canada (Mergers and Acquisitions Law; Securities Law; Venture Capital Law)
  • Recognized in the 2024 (and since 2015) editions of The Canadian Legal Lexpert® Directory (Investment Funds & Asset Management; Corporate Mid-Market).
  • Recognized in the 2024 edition of Lexpert Special Edition: Energy and Mining
  • Recognized in the 2023 of the Lexpert Special Edition: Mining
  • Recognized as the 2023 'Lawyer of the Year' in Vancouver by The Best Lawyers in Canada (Venture Capital Law)
  • Recognized in 2022 and previous editions of the Lexpert® Leading Canadian Lawyers in Global Mining. (Corporate Mid-Market and Investment Funds & Asset Management).

Bar Admission & Education

  • Colombie-Britannique, 2008
  • LLB, Faculté de droit Osgoode Hall de l'Université York, 2007
  • MA in Philosophy, Université de la Colombie-Britannique, 2004
  • BA in Philosophy (Hons., First Class), Université de la Colombie-Britannique, 2000