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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 US 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$57 million public offering in the US and Canada and concurrent listing on the Nasdaq Global Market.
  • Represented Profound Medical in multiple Canadian and US 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 & 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

Press Release Thumbnail Mintz

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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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” (2018)

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