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P.L. (Lonny) Tetley

Partner

403.260.0141
ltetley@bdplaw.com
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Education:

University of Calgary, Bachelor of Laws (Gold Medalist), 2008
University of Calgary, Haskayne School of Business, Bachelor of Commerce (with Distinction), 2005
Bar admission: Alberta 2009

Industries:

Financial services, Oil and gas, Renewables and energy transition, Start-up and early-stage companies

Practice areas:

Business law, Capital markets, Commercial agreements, Corporate governance and disclosure, Corporate reorganizations, Private equity, Shareholder rights and activism, Mergers, acquisitions and other strategic transactions

Experience

Lonny's focus is on:

Mergers and acquisitions
Public offerings
Private placements
TSX Venture Exchange and TSX Listings
Share and asset acquisitions and dispositions
Corporate governance
Hostile proxy contests
Compliance with securities regulatory requirements
General corporate matters

Professional involvement

Professional associations

Member, Law Society of Alberta
Member, Canadian Bar Association
Member, Calgary Bar Association

Corporate roles

Lonny has the following corporate roles:

Director, Accelerate Financial Technologies Inc.
Director (Chairman), Aureus Energy Services Inc.
Director (Chairman), Astara Energy Corp.
Director, Beyond Energy Services & Technology Corp.
Corporate Secretary, Big Rock Brewery Inc.
Corporate Secretary, Clear North Energy Corp.
Member, Private Funds Independent Review Committee, Deans Knight Capital Management Ltd.
Director, Durham Creek Energy Ltd.
Corporate Secretary, Godin Royalty Corp.
Corporate Secretary, North 40 Resources Ltd.
Director, Sharptail Energy Inc.
Director, Woodland Development Corp.

Representative work

Astara Energy Corp. acquisition of Shield Energy Ltd.

Counsel to Astara Energy Corp. on its acquisition of Shield Energy Ltd. completed by plan of arrangement.

Clear North Energy Corp. acquisition of Summerland Energy Inc.

Counsel to Clear North Energy Corp. on its $72 million acquisition of Summerland Energy Inc.

Clear North Energy Corp. Non-Brokered Private Placement

Counsel to Clear North Energy Corp. on its non-brokered private placement.

Lycos Energy Inc. Public Offering

Counsel to Lycos Energy Inc. on its $35 million bought deal equity financing in connection with its acquisition of Durham Creek Exploration Ltd.

Awards

Recent honours and recognition

Recognized by Best Lawyers in Canada in Mergers and Acquisitions Law (2026)

Recognized by Chambers Canada as a leading lawyer in Corporate/ Commercial (2024, 2025)

Named in the Legal 500 Canada as a recommended lawyer in Corporate and M&A (2023)

Named in the Canadian Legal Lexpert Directory as a leading lawyer in Corporate Finance and Securities (2018)

Lexpert Rising Star in Lexpert's Leading Lawyers Under 40 (2017)

News

September 26, 2024