Nyrstar NV completes C$409 million acquisition of Farallon Mining
Date Closed
January 5, 2011
Lead Office
Vancouver
Value
409.00 Million CAD
On January 5, 2011, Nyrstar NV, a leading global multi-metals business, acquired Farallon Mining Ltd, owner of the Campo Morado zinc-rich polymetallic mining operation in Mexico. Nyrstar NV completed an all-cash offer to acquire 100% of the fully diluted common shares of Farallon by way of a friendly take-over bid for C$0.80 per common share in cash, a total of C$409 million.
McCarthy Tétrault LLP represented the special committee of the Farallon Mining Board, with a team led by Tim McCafferty.