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Eric L. Foster

Partner

[email protected]

+1.647.499.2640

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Eric is a leading corporate and securities lawyer who advises on capital markets transactions, strategic M&A, and complex corporate matters across Canada and the United States. He represents investment banks, public and private companies, and institutional investors in a broad range of industries, including life sciences, mining, technology, and cannabis.

His capital markets practice spans public and private financings of all types, including IPOs, cross-border offerings, at-the-market programs, bought deals, private placements, and structured equity and debt transactions. Eric regularly advises on Canadian reporting obligations, stock exchange requirements, and the Multijurisdictional Disclosure System, delivering integrated guidance that aligns Canadian and U.S. regulatory frameworks.

Eric’s M&A practice includes representing acquirers, targets, boards, and special committees in friendly and hostile takeover bids, plans of arrangement, reverse takeovers, going-private transactions, and other transformative business combinations. Clients rely on him for transactions requiring strategic judgment, technical precision, and seamless cross-border execution.

He is also widely recognized as one of Canada’s leading cannabis industry lawyers, having advised on many of the sector’s most prominent transactions and complex commercial arrangements, including licensing, royalty, supply, consulting, and celebrity partnership agreements. Eric is a sought-after commentator on regulatory and transactional developments and has been featured in Bloomberg, The Globe and Mail, the Financial Post, and CTV News.

In addition to his transactional practice, Eric serves as trusted counsel to Canadian public companies on disclosure, governance, stock exchange compliance, and regulatory risk management. He also advises emerging growth companies on cross-border structuring, financings, and regulatory strategy as they scale.

Eric holds a Certificate in Mining Law from Osgoode Hall Law School and completed the Business Leadership Program at the Rotman School of Management at the University of Toronto. Prior to founding the Mintz Toronto office in 2023, he led the Canadian cannabis practice of an international law firm and previously practiced at a leading Canadian multinational firm.

Experience

Select Recent Financing Transactions:

  • Represented AbraSilver Resource Corp. in multiple transactions, including in connection with a $43 million bought deal LIFE private placement; $20 million non-brokered strategic private placement with Kinross Gold Corporation and an affiliate of Central Puerto SA; $30 million bought deal public offering of common shares and concurrent $28.5 million private placement of common shares, for aggregate gross proceeds of approximately $58.5 million.
  • Represented Satellos Bioscience, Inc. in connection with a number of transformative financing transactions, including its US$57M public offering in the U.S. and Canada and concurrent listing on the Nasdaq Global Market.
  • Represented Profound Medical in multiple Canadian and U.S. financings, including in connection with its USD$36 million prospectus offering of common shares and its USD$40.25 million cross-border prospectus offering of common shares.
  • Represented Silver Mountain Resources Inc. in multiple transactions, including in connection with a $25 million bought deal public offering of common shares.
  • Represented Conavi Medical Inc. in multiple transactions, including in connection with a $12 million public offering of common shares and pre-funded warrants.
  • Represented Haywood Securities Inc. as agent for Cresco Labs Inc.’s $140 million at-the-market equity offering program.
  • Represented Canaccord Genuity and the syndicate of underwriters in PharmaCorp RX Inc.’s $23 million bought deal public offering.
  • Represented Raymond James and a syndicate of underwriters in Blackrock Silver Corp.’s $13.8 million bought deal public offering.
  • Represented Stifel Nicolaus and a syndicate of underwriters in Xtract One Technologies Inc.’s $10 million bought deal public offering.
  • Represented Research Capital as underwriter in American Critical Minerals Corp.’s $4 million bought deal LIFE private placement.
  • Represented ATB Capital Markets and Canaccord Genuity Corp. as agents for Glass House Brands Inc.’s US$25 million at-the-market equity offering program.
  • Represented Research Capital Corp. and HC Wainwright & Co. as agents for PowerBank Corp.’s US$50 million cross-border at-the-market equity offering program.
  • Represented Stifel Nicolaus as underwriter in NervGen Pharma Corp.’s $23 million bought deal public offering of common shares.
  • Represented Titan Partners Group LLC as underwriter in connection with the A2Z Cust2Mate Solutions US$30 million public offering.
  • Represented Leede Jones Gable Inc., as agent, in connection with ProMIS Neurosciences Inc.’s $20 million public offering of units.
  • Represented ATB Capital Markets as agent for Nova Cannabis Inc.’s $20 million at-the-market equity offering program.
  • Represented Institutional lenders on High Tide Inc.’s $15 million subordinated convertible debenture financing.

Select Recent M&A and Transactional Matters:

  • Represented Sierra Metals in connection with the all-cash unsolicited takeover bid received from Alpayana S.A.C.
  • Represented Entourage Health in connection with its take-private transaction and sale to an affiliate of the LiUNA Pension Fund of Central and Eastern Canada.
  • Represented Wellford Holdings Ltd. (formerly Cannaray) in connection with its proposed business combination with Aqualitas, a GMP-certified Canadian licensed cannabis producer, to create an international vertically integrated cannabis distributor.
  • Represented Special Committee of Independent Directors of LifeSpeak Inc. in connection with its take-private transaction and sale.
  • Represented Special Committee of Independent Directors of UGE International Ltd. in connection with its sale to NOVA Infrastructure Fund.
  • Represented Northampton Capital Partners LLC in connection with its acquisition of a 43% interest in Altius Renewable Royalties and take private transaction.
  • Represented Pine in connection with its acquisition of Properly Inc.
  • Represented Gage Growth in connection with its $545 million acquisition by Terrascend Corp.
  • Represented The Parent Company in connection with its merger with Gold Flora Corporation.
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News & Press

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Mintz and several attorneys in its Toronto office have been recognized in the 2026 edition of Chambers Canada. The firm was ranked in Cannabis Law and Life Sciences, and was newly ranked in the Pensions & Benefits category. Seven attorneys earned individual recognition across Cannabis Law, Investment Funds, Life Sciences, Pensions & Benefits, and Private Equity.

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Best Lawyers® has recognized 16 attorneys in Mintz’s Toronto office across 16 practice areas, including 13 attorneys in the 2026 edition of The Best Lawyers in Canada© and three attorneys in Best Lawyers: Ones to Watch in Canada©.

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Mintz has earned top rankings in the 2025 edition of Legal 500 United States and Canada guides. The firm is recognized in 20 practice categories, and 78 of its attorneys are individually ranked in the guide, with several receiving recognition in more than one category. Additionally, two attorneys are featured in the "Hall of Fame," seven attorneys are named "Leading Lawyers," and five attorneys are recognized as a "Next Generation Lawyers."

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Mintz is pleased to announce the recognition of several attorneys in the Canadian Lawyer’s 2025 Canadian Legal Lexpert Directory.

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The Globe and Mail published a feature story about Mintz’s Toronto office, highlighting Mintz’s growth and success in Toronto in tandem with the arrival of new Partners Adam Banack, Geoffrey Cher, and Emily Fan. Insights from Mintz Managing Member Bob Bodian and Toronto Office Managing Member Mitch Frazer are included throughout the piece. The article also mentions Toronto office founding Partners Michael Akkawi, Cheryl Reicin, Eric Foster, and Lee Johnson, as well as Mitch, and includes additional insights from Cheryl and Geoff.

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The Legal 500 Canada has recognized Mintz in its 2025 guide of the best Canadian firms and lawyers practicing within the Canadian market, based on extensive research conducted by the directory over the course of the year, including in-depth submissions and thousands of interviews with client and industry leaders.

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Mintz has been recognized by The Globe and Mail as one of Canada’s Best Law Firms for 2025, gaining distinction in the “Private Equity and Investments” category specifically. This is the second consecutive year the firm has been included on this list.

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Mintz announced that it has been ranked in the 2025 edition of Chambers Canada. The firm was ranked in both the Life Sciences and Cannabis Law categories. Six attorneys were also ranked in individual categories including Life Sciences, Private Equity, Investment Funds, Cannabis, and Pensions & Benefits.

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Mintz is pleased to announce that ten Toronto Partners have been recognized as leaders by Best Lawyers® in the 2025 edition of The Best Lawyers in Canada©. 

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TORONTO- Mintz is pleased to announce the recognition of several attorneys in the Canadian Lawyer’s 2024 Canadian Legal Lexpert Directory.

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Mintz proudly announced the election of 13 attorneys to Members and the addition of a record-setting 22 new lateral Members in 2023, with 11 Partners in the newly opened Toronto office. This diverse group strengthens Mintz’s core areas, spanning Commercial and IP Litigation, Life Sciences, Tech, Private Equity, and Energy & Sustainability. The elevated Members and new lateral additions bring invaluable expertise to help clients navigate complex legal landscapes. 

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TORONTO – Mintz continues its expansion in Toronto with the addition of Mervyn Allen who joins as a Partner and will launch the firm’s Real Estate practice in Canada.

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Mintz has been recognized by The Globe and Mail as one of Canada’s Best Law Firms for 2024, gaining particular distinction in Private Equity and Investments. This is the first time the firm has been included on this list.

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TORONTO – Mintz announced today that six attorneys have been ranked in the 2024 edition of Chambers Canada, marking the first time the firm has been included in the guide.

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Mintz is representing Future Electronics in an all-cash, $3.8 billion sale targeted to close in the first half of 2024. Mintz M&A Members Daniel Follansbee and Ran Zioni led a multi-office team that included Special Counsel Nicholas Perricone, plus Associates and Antitrust, Debt Financing, and Employment Members. Toronto MP Mitch Frazer and other Partners provided Canadian guidance.

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Mintz is pleased to announce that six Toronto Partners have been recognized as leaders by Best Lawyers® in the 2024 edition of The Best Lawyers in Canada©.

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BOSTON –Mintz announced today that 39 of its practices and 81 of its attorneys earned recognition in the 2023 edition of Chambers USA, a guide to the country’s leading law firms.

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TORONTO – Mintz is pleased to announce that it has subleased the 28th floor at 200 Bay Street’s South Tower, an iconic pillar of Toronto's Financial District. The firm moved into the nearly 24,000 square feet of space on April 1, 2023.

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The Globe and Mail featured the arrival of Partners Matthew Atkey and Brad Tartick, Special Counsel Bernard Kwasniewski and Of Counsel Matthew Imrie who will join Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson in the firm's Toronto office.

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The Boston Globe covered the firm's expansion to Toronto and the arrival of the office's founding partners Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson.

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BOSTON, TORONTO – Mintz  is pleased to announce its expansion into Canada with the opening of a Toronto office, launched by a team of highly regarded and industry-leading attorneys. The new office will add depth and breadth to Mintz’s global Life Sciences practice and will further expand the firm’s strong Private Equity, Capital Markets, and Pensions and Employment practices.

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The Deal profiled the firm's Toronto office founding members  Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson who join Mintz to expand the firm's life sciences and private equity practices.

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The Canadian Lawyer featured the launch of Mintz's Toronto office and highlighted the arrival of founding partners Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson.

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Mintz's expansion to Toronto and the office's founding Partners Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson was featured in an article published by The Global Legal Post.

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JD Journal covered the firm's new Toronto office and the arrival founding Partners  Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson.

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The firm's expansion into the Toronto market and the arrival of founding Partners, Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson was covered by Reuters.

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Law360 covered the opening of Mintz's new Toronto office and profiled founding Partners  Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson.

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The Globe and Mail featured Mintz's expansion into the Canadian legal market and the launch of the firm's Toronto office, with the arrival of Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson.

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The American Lawyer spotlighted the opening of Mintz's Toronto office and the arrival of founding partners Michael AkkawiCheryl ReicinMitch FrazerEric Foster, and Lee Johnson.

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Events & Speaking

Speaker
Jun
19
2025

Canadian Investor Relations Institute Conference

Queen’s Landing hotel in Niagara-on-the Lake

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Speaker
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Recognition & Awards

  • Best Lawyers in Canada: Cannabis Law – Lawyer of the Year in Toronto (2022, 2024)

  • The Canadian Legal Lexpert Directory: Repeatedly recommended, Corporate Finance & Securities, Corporate Mid-Market, Mergers & Acquisitions, and Mining (2024)

  • Lexpert: Rising Stars Awards  – “Leading Lawyers Under 40” (2020)

  • Best Lawyers in Canada: Cannabis Law (2020 - 2026)

  • Best Lawyers in Canada: Venture Capital Law (2022 - 2026)

  • Best Lawyers in Canada: Mining Law (2023 - 2026)

  • Best Lawyers in Canada: Mergers & Acquisitions Law

  • Chambers Canada: Cannabis Law (Band 1) 

  • The Legal 500 Canada: Cannabis Hall of Fame (2024-2025)

  • The Legal 500 Canada: Capital Markets

  • The Canadian Legal Lexpert Directory: Corporate Commercial Law, Corporate Mid-Market and Corporate Finance & Securities

  • Lexpert special edition: Canada’s Leading Lawyers: Global Mining, Agribusiness & Cannabis; Finance and M&A; Technology and Health Sciences

  • Financial Post: Recognized as one of the “20 power players putting down roots in the cannabis industry” (October 2018)

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