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Article

Recent McCarthy Tétrault Mining Engagements

Date

June 28, 2010


Set out below is a list of selected mining financings, M&A transactions and other engagements announced or completed between January 1, 2009 and April 1, 2010 in which McCarthy Tétrault was involved.

Financings

Atlas Precious Metals Inc.

Private placement of subscription receipts exchangeable for units comprising common shares and warrants ($15 million)

B2Gold Corp.

Secured credit facility for feasibility study ($20 million)

Baffinland Iron Mines Corporation

Private placement of flow-through shares ($20 million)

Baffinland Iron Mines Corporation

Bought deal public offering of conventional units, each comprising one common share and one half of one common share purchase warrant, and flow-through units, each comprising one flow-through common share and one half of one common share purchase warrant ($44 million)

Detour Gold Corporation

Bought deal short form prospectus offering of common shares ($48.4 million)

Etruscan Resources Inc.

Best efforts private placement of common shares ($10.5 million)

European Nickel Plc

Private placement of ordinary shares (£4.3 million)

First Quantum Minerals Ltd.

Corporate debt financing secured by tradeable securities ($250 million)

First Quantum Minerals Ltd.

Public offering of common shares ($345 million)

General Moly, Inc.

Investment by Hanlong (USA) Mining Investment Inc. including a $665-million guarantee of a bank loan facility, $80-million equity investment, a $20-million bridge loan and long-term molybdenum supply off-take agreement

Mavrix Explore 2009-I FT Limited Partnership

Public offering of limited partnership units ($6.6 million)

McWatters Mining Inc.

Private placement of common shares to International Royalty Corporation (US$160 million)

Metanor Resources Inc.

Private placements of flow-through common shares ($7.0 million)

Orocobre Limited

Private placement of subscription receipts with underlying shares qualified by long form prospectus ($20 million), followed by listing of the ordinary shares on the TSX

Orsu Metals Corporation

Public offering of units each comprising one common share and one half of one common share purchase warrant ($28 million)

Osisko Exploration Ltd. (renamed Osisko Mining Corporation)

Private placement of unsecured convertible debt and warrants ($20 million)

Pan-Pacific Metal Mining Corporation

$5 million investment in Selwyn Resources Inc.

Quadra Mining Ltd.

Refinancing of $37.5 million Centenario Copper Corporation project finance

Rio Tinto Plc

Investment in an additional 10% of the shares of Ivanhoe Mines Ltd. (US$388 million) and reorganization of funding and security arrangements for the Oyu Tolgoi copper/gold project in Mongolia

Selwyn Resources Ltd.

Non-brokered private placement of shares and share purchase warrants to Pan Pacific Metal Mining Corporation, a Canadian subsidiary of Korea Zinc Company ($3 million)

Sidex Limited Partnership

Private placement investments in debt and equity securities of selected TSX Venture Exchange-listed companies with exploration properties in the Province of Québec

Soltoro Ltd.

Private placement of units, each comprising one common share and one half of one share purchase warrant ($1.35 million)

Taseko Mines Limited

Public offering of common shares ($25 million)

Victoria Gold Corp.

Private placement of special warrants followed by qualification of underlying shares by short form prospectus ($15 million)

Xstrata Canada Corporation

Provision of US$600 million secured carried funding loan facility to New Gold Inc.

 

Mergers And Acquisitions

Angus & Ross Plc

Acquisition of Nalunaq Gold Mine from Crew Gold Corporation for US$1.5 million.

Brilliant Mining Corp.

Sale of its 25% joint venture interest in the Lanfranchi nickel mine to Panoramic Resources Ltd.

Carpathian Gold Inc.

Completed gold purchase and sale agreement for its RDM gold project in Brazil (US$30 million)

CBR Gold Corp.

Spin-out of North Country Gold Corp. by plan of arrangement, listing on TSXV and brokered private placement ($6 million)

Companhia Vale do Rio Doce

Acquisition of 50% interest in the assets of TEAL Exploration & Mining Incorporated for $81 million, and related acquisition by African Rainbow Minerals Limited of all of the shares of TEAL by plan of arrangement

First Quantum Minerals Ltd.

Acquisition of Kiwara Plc for cash and share consideration (US$260 million)

Forsys Metals Corp.

Proposed $579-million acquisition by George Forrest International Afrique S.P.R.L. by plan of arrangement

Gold Fields Limited

Sale of 19.9% interest in Sino Gold Mining Limited to Eldorado Gold Corporation for US$282 million in shares pursuant to a prospectus

Gold Fields Limited

Option and joint venture agreement with Cascadero Copper Corporation regarding the Toodoggone copper-gold project

Lake Shore Gold Corp.

Acquisition of the Bell Creek West property from Goldcorp. Inc. and Goldcorp Canada Ltd. for $20 million in cash and share consideration

Mindanao Gold Inc.

Acquisition of Apex Mining Company and all related assets from Crew Gold Corporation (US$7 million)

Quadra Mining Ltd.

Acquisition of Centenario Copper Corporation by plan of arrangement for C$57 million in Quadra shares

Rambler Metals and Mining Plc

Acquisition of Nugget Pond Processing Facility from Crew Gold Corporation for $3.5 million

Royal Gold, Inc.

Acquisition of International Royalty Corporation for cash and share consideration ($700 million)

Wuham Iron & Steel (Group) Corporation

US$240 million strategic investment in Consolidated Thompson Iron Mines Limited and Bloom Lake joint venture.

Xstrata Copper Canada

Entered into a copper concentrate supply agreement with Northgate Minerals

Zambia Copper Investments Limited

Initial hostile take-over of African Copper Plc. resulting in a $9.9 million equity investment, a US$31.1-million term facility, and Zambia Copper owning 82% of African Copper

 

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