Kelly L.
CARUK
Associate

Business Law
Banking & Corporate Finance
Tax Planning and Tax Dispute Resolution
Securities
Natural Resources Law

Kelly Caruk joined MLT after articling with a major national firm in Calgary. She is a distinguished scholar and the winner of the Law Society of Saskatchewan Silver Medal as the Second Most Distinguished Graduate of the University of Saskatchewan College of Law in 2003. Kelly won a number of other scholarships for outstanding achievement in courses related to business law and taxation, including the Stikeman-Elliott/Carswell National Tax Award. She is a graduate of the Canadian Securities Course.

Kelly has assisted clients with finance, securities and general business matters, including:

• commercial lending and financing arrangements, including credit agreements and security documents;
• securities regulatory requirements for public companies (particularly those in the mining industry), including corporate governance and continuance disclosure issues; financing exemptions; and AMEX, TSX and TSX-Venture Exchange compliance; and
• contracts required by businesses on both a transactional and continual basis, such as confidentiality, services/consulting agreements, purchase and sale agreements and letters of intent.

Kelly has examined issues relating to the regulatory environment of natural resource companies, particularly in the areas of mineral & natural resource taxation and in provincial and federal environmental, health, safety and mining requirements. She has assisted clients with tax issues relating to GST, PST and EI remittance; deductibility of business expenses; employee and shareholder benefits; discretionary trust matters; fuel tax; management fees; and income attribution.

• Admitted to the Saskatchewan Bar
• LL.B. (Great Distinction, Saskatchewan, 2003)
• B.Comm. (Finance/Business Economics, Saskatchewan, 2000)

• Law Society of Saskatchewan Silver Medal - Most Distinguished Graduate (Saskatchewan, 2003)
• Stikeman-Elliott/Carswell National Tax Award

• Canadian Bar Association - Business Law North section - Chair
• YWCA, Saskatoon - Board of Director
• YWCA Women of Distinction Awards Dinner - Planning Committee Member