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145 King Street West, Suite 2200 | Toronto, Ontario | M5H 4G2 | 416 362 3711

Alexandra (Sasha) L. Toten


p: (416) 369-4127
f: (416) 864-9223

Client Services

Core Specialties

  • Asset and Share Purchase Agreements
  • Capital Markets 
  • Commercial Agreements
  • General Corporate Matters
  • Incorporation, Organization and Reorganization
  • Joint Ventures
  • Licensing Agreements
  • Mergers and Acquisitions
  • Partnerships
  • Secured Transactions
  • Securities
  • Shareholder Agreements
  • Start-up Companies
Image: Alexandra (Sasha) L. Toten - Business Law Alexandra (Sasha) L. Toten - Business Law Photo of Business Law lawyer Alexandra (Sasha) L. Toten

Sasha is an Associate in our Business Law Group. Sasha’s work focuses on providing her clients from across various industries with advice on all aspects of corporate law, including securities, mergers and acquisitions, lending, transactional and regulatory compliance issues, corporate reorganizations, and general corporate matters, including various corporate governance issues.

Sasha holds a JD from the University of Ottawa, where she co-founded the uOttawa Chapter of the Women’s Legal Mentorship Program (WLMP). In 2016, Sasha received the WLMP Emerging Legal Leader Award for her ongoing dedication to upholding WLMP mentorship principles and her dedication to the retention of women in the law. Currently, Sasha sits on the board of directors of Young Women in Law and also holds the officer position of Secretary.

Prior to law school, Sasha obtained her B.A. from Bryn Mawr College, where she played NCAA volleyball and soccer. Away from the office, Sasha continues to enjoy playing volleyball and pursuing her goal of visiting all Major League Baseball parks.

Recent Transactions

  • GreenTec Holdings Ltd. Private Placement:  Acted for GreenTec Holdings Ltd., a premium quality craft cannabis ​producer, as it completed a private placement of 8% senior secured convertible debentures units for aggregate gross proceeds of $5,000,000 (the “Offering”). The Offering was ​rendered in connection with the proposed business combination between GreenTec and Black Birch Capital Acquisition III Corp. (TSXV: BBC.H). 
  • GreenTec Holdings Ltd. Private Placement: Acted for GreenTec Holdings Ltd., a premium quality craft cannabis ​producer, in a private placement offering of 5,925,920 subscription receipts at a price of $1.50 per Subscription Receipt for aggregate gross proceeds of $8,888,880 (the “Offering”). The Offering was completed in connection with a proposed business combination between GreenTec and Black Birch Acquisition III Corp. whereby the resulting entity will become a reporting issuer on the TSX Venture Exchange.
  • Financing Agent: Represented the Agents (Mackie Research Capital Corporation and BayFront Capital Partners, Ltd.) in a transaction where Eguana Technologies Inc., a leading supplier of power controls, closed a $3 million brokered private placement financing of units. Pursuant to the Offering, Eguana issued an aggregate of 15 million Units. Each Unit consisted of one common share in the capital of the Company and one-half of one common share purchase warrant.
  • Financing Agent:  In connection with a proposed amalgamation with Rainmaker Resources Ltd. and listing on the TSX Ventures Exchange, INDIVA Corporation, a licensed producer of medical grade cannabis, and Rainmaker completed the first tranche of a planned private placement of up to $15 million of subscription receipts. In the first tranche, Rainmaker issued 7,674,609 Subscription Receipts at a price of $0.75 per Subscription Receipt for aggregate gross proceeds of $5,755,956.75. Minden Gross LLP acted for Sunel Securities Inc. as lead agent for the financing.
  • Mortgage Corporation: Represented privately held mortgage corporation in a $5​million senior secured debenture transaction and debt restructuring which closed on July 12, 2017. Minden Gross LLP acted for the mortgage corporation.
  • Underwriters:  Advised Paradigm Capital Inc., Haywood Securities Inc., Gravitas Securities Inc., and Echelon Wealth Partners (the “Underwriters”) in an $11.7 million bought deal financing where AcuityAds Holdings Inc., a technology leader that enables advertisers to connect intelligently with audiences across video, mobile, social, and online display advertising, acquired Boston-based Visible Measures Corp. 
  • Underwriters: Advised a syndicate of underwriters on a bought deal of ordinary common shares and common shares issued on a “flow-through” basis for Denison Mines Corp. (TSX: DML)(NYSE MKT: DNN), a leading uranium exploration and development company, with total gross proceeds of CAD$20,000,290. 
  • Assure Holdings, Inc.: Advised Assure Holdings, Inc. in the issuance of 6,392,060 subscription receipts for gross proceeds of CAD$3,196,030. Assure Holdings, Inc. is a privately held Colorado company that works with neuro-surgeons to provide a turnkey suite of services that support intraoperative neuro-monitoring activities during invasive surgeries.
  • Underwriters: Advised a syndicate of underwriters on a bought deal private placement of AcuityAds Holdings Inc. (TSXV: AT), a technology leader that provides targeted digital media solutions enabling advertisers to connect intelligently with audiences across video, mobile, social, and online display advertising.
  • Mackie Research Capital Corporation: Advised Mackie Research Capital Corporation with respect to the C$6.9 million best efforts short-form prospectus offering of Eguana Technologies Inc. (TSXV: EGT), a leading supplier of power control solutions for residential and commercial energy storage systems.

Industry Expertise

Professional Affiliations

  • Law Society of ​Ontario
  • Canadian Bar Association
  • Young Women in Law
  • Women’s Legal Mentorship Program

Alexandra (Sasha) L. Toten


T: (416) 369-4127
F: (416) 864-9223
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  • Admitted to the Ontario Bar in 2014
  • University of Ottawa, Faculty of Law – JD, 2013
  • Bryn Mawr College – Bachelor of Arts (Cum Laude) (Political Science & History), 2008

Joined Minden Gross


Assistant Information

Eleni Moutsais
p: (416) 362-3711 x335


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