Votes Secured. Boards Protected. Transactions Closed. Activism Defeated.
Transactions Supported
Every deal on this list had a moment. A proxy advisor on the fence. A shareholder base that looked supportive on paper but hadn't been tested. A retail block nobody had reached. These transactions closed because that work got done, quietly and on time. Cumulatively, Kingsdale has secured shareholder support for transactions valued in the hundreds of billions.
Acted on behalf of Information Services Corporation in its plan of arrangement with Plenary Americas.
Acted on behalf of New Gold in its plan of arrangement with Coeur Mining.
Acted on behalf of Gore Mutual Insurance in its merger with Beneva.
Acted on behalf of Parkland in its plan of arrangement with Sunoco LP.
Acted on behalf of InterRent REIT in its sale to CLV Group Inc. and GIC Real Estate, Inc.
Acted on behalf of MAG Silver Corp. in its plan of arrangement with Pan American Silver.
Acted on behalf of First Majestic Silver Corp. in its merger with Gatos Silver, Inc.
Acted on behalf of MDA Space in its acquisition of SatixFy Communications.
Acted on behalf of Payfare Inc. in its plan of arrangement with Fiserv, Inc.
Acted on behalf of Nuvei Corporation in its plan of arrangement with Advent International.
Acted on behalf of Canadian Western Bank in its transaction with National Bank of Canada.
Acted on behalf of Axonics, Inc. in its plan of arrangement with Boston Scientific Corporation.
Acted on behalf of Stelco Holdings Inc. in its plan of arrangement with Cleveland-Cliffs Inc.
Acted on behalf of Chorus Aviation Inc. in its transaction with HPS Investment Partners.
Acted on behalf of Sleep Country Canada in its plan of arrangement with Fairfax Financial.
Represented both parties in the plan of arrangement between Reunion Gold and G Mining Ventures Corp.
Acted on behalf of Aeterna Zentaris Inc. in its all-stock merger with Ceapro Inc.
Acted on behalf of Pipestone Energy Corp in its plan of arrangement with Strathcona Resources Ltd.
Acted on behalf of IAA, Inc. in its plan of arrangement with Ritchie Bros. Auctioneers.
Acted on behalf of Grayshift LLC in the merger with Magnet Forensics.
Acted on behalf of TransAlta Renewables in its plan of arrangement with TransAlta.
Represented both parties in the plan of arrangement between Copper Mountain Mining Corporation and Hudbay Minerals Inc.
Acted on behalf of Noranda Income Fund in its plan of arrangement with Glencore Canada Corporation.
Acted on behalf of Information Services Corporation in its plan of arrangement with Plenary Americas.
Acted on behalf of New Gold in its plan of arrangement with Coeur Mining.
Acted on behalf of Gore Mutual Insurance in its merger with Beneva.
Acted on behalf of Parkland in its plan of arrangement with Sunoco LP.
Acted on behalf of InterRent REIT in its sale to CLV Group Inc. and GIC Real Estate, Inc.
Acted on behalf of MAG Silver Corp. in its plan of arrangement with Pan American Silver.
Acted on behalf of First Majestic Silver Corp. in its merger with Gatos Silver, Inc.
Acted on behalf of MDA Space in its acquisition of SatixFy Communications.
Acted on behalf of Payfare Inc. in its plan of arrangement with Fiserv, Inc.
Acted on behalf of Nuvei Corporation in its plan of arrangement with Advent International.
Acted on behalf of Canadian Western Bank in its transaction with National Bank of Canada.
Acted on behalf of Axonics, Inc. in its plan of arrangement with Boston Scientific Corporation.
Acted on behalf of Stelco Holdings Inc. in its plan of arrangement with Cleveland-Cliffs Inc.
Acted on behalf of Chorus Aviation Inc. in its transaction with HPS Investment Partners.
Acted on behalf of Sleep Country Canada in its plan of arrangement with Fairfax Financial.
Represented both parties in the plan of arrangement between Reunion Gold and G Mining Ventures Corp.
Acted on behalf of Aeterna Zentaris Inc. in its all-stock merger with Ceapro Inc.
Acted on behalf of Pipestone Energy Corp in its plan of arrangement with Strathcona Resources Ltd.
Acted on behalf of IAA, Inc. in its plan of arrangement with Ritchie Bros. Auctioneers.
Acted on behalf of Grayshift LLC in the merger with Magnet Forensics.
Acted on behalf of TransAlta Renewables in its plan of arrangement with TransAlta.
Represented both parties in the plan of arrangement between Copper Mountain Mining Corporation and Hudbay Minerals Inc.
Acted on behalf of Noranda Income Fund in its plan of arrangement with Glencore Canada Corporation.
[Kingsdale] gave our team comfort that they were in control. I would strongly recommend Kingsdale Advisors to publicly traded companies.
Prepared Before
The Pressure
The work we are most proud of never made headlines. Activists who accumulated a position, studied the board, and walked away because there was no opening. Campaigns that were neutralized before a single press release went out. Boards that faced their first hostile approach already knowing exactly what to do. We can't name most of these clients because the best defence work is invisible. For the ones that went public, our track-record speaks for itself.
Early Warning Intelligence
Continuous monitoring of shareholder register movements and activist accumulation patterns before a campaign is announced.
Defence Preparation
Board readiness programs, narrative development, and institutional relationship building — before it matters.
Active Defence
When campaigns go public: full-scale proxy solicitation, shareholder engagement, and tactical counsel to defend director slates.
Thank you for your advice throughout this activist session. It was comforting to know that you were looking out for our team.
Votes Secured
Routine meetings carry more hidden risk than most boards expect. We have been called in mid-campaign to rescue votes that were slipping away because beneficial holders were never identified, retail was never reached, or nobody was tracking the count in real time until it was too late.
Beneficial Holder Identification
Street-level voter tracing to find ultimate beneficial owners of institutional and retail positions.
Real-Time Vote Monitoring
Live dashboards tracking quorum, vote direction, and outstanding ballots through the meeting window.
Same-Day Confirmation
Operational capacity to confirm and correct vote instructions on the day of the meeting.
Proxy Solicitation at Scale
Outbound engagement with individual retail and institutional holders.
Throughout the period leading up to our AGM, Kingsdale provided sound and timely strategic advice along with exceptional shareholder expertise, resulting in outstanding campaign management.
Good Governance Wins
We have helped companies overcome governance failures that build slowly in board composition, compensation design, and disclosure gaps, and close the quiet distance that grows between a company and its institutional investors. This is why year after year, many of the top-ranked companies in The Globe and Mail Board Games for governance excellence are Kingsdale clients.
Director Composition & Renewal
We have guided boards through director renewals, committee restructurings, and succession plans that investors and proxy advisors went on to endorse.
ISS & Glass Lewis Engagement
We have engaged proxy advisory firms directly on contested and complex matters, correcting coverage and turning recommendations.
Institutional & Retail Dialogue
We have built engagement programs with major institutional and retail holders, so when contested votes arrived, the relationships were already in place.
Disclosure & Reporting Strategy
We have repositioned ESG disclosure for issuers across North American markets, ahead of shifting investor expectations and regulatory requirements.
Ready For The Fight
Activists who win do not improvise. They build the case methodically, identify the shareholders who will move, and run campaigns with precision. Kingsdale has been on this side of the table for some of the most consequential activist campaigns in Canadian history for established activists and first-time dissidents.
Activist Advisory
For activist investors seeking change, we have provided the execution capability and institutional relationships to run campaigns that succeeded. We have advised both established activists and first-time dissidents on winning strategies.
In Practice
When Bill Ackman's Pershing Square sought to replace the board of CP Rail, Kingsdale was brought in to deliver one of the most consequential shareholder victories in Canadian history. That is what winning looks like in practice.
Mr. Ackman's victory serves as a wake-up call for Canada's clubby boardroom culture... The Canadian Pacific scrap put the country's blue-chip companies on notice that no longer are they immune from investor activism.
Corporate Actions
A missed election. An unexchanged security. A custodian that didn’t get the memo. These are how value quietly walks out the door during the moments you’ve spent months preparing for. The tender offers, exchanges, and rights offerings we have administered closed without those stories. Certificates reconciled. Deposits processed. Bid thresholds reached on schedule.
Tender & Exchange Offers
Full-service information agent and depositary services for Canadian and cross-border tender and exchange offers.
Rights Offerings
Subscription agent services and shareholder communications for rights offerings and dilutive transactions.
They have established their firm as an invaluable partner for complex financial transactions, involving...corporate actions.
When The Stakes Are Highest, Business Leaders Choose Kingsdale
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* Source: Bloomberg Global Shareholder Activism League Tables FY2025 and LSEG Global Shareholder Activism Review FY2025.
#2025 and 2026 indicate proxy seasons: July 2024 to June 2026.