22 LEXPERT
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2018/19
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WWW.LEXPERT.CA
Grieve, Sander Bennett Jones LLP
(416) 777-4826 grieves@bennettjones.com
Head of the Mining Department at Bennett Jones LLP, Mr. Grieve practises
public markets finance and M&A with a focus on the global mining industry.
He has acted in transactions touching many countries and industries.
He represents a range of the leading issuers, dealers and advisors
in global public markets M&A and finance.
Harris, Henry A. Gowling WLG
(416) 862-4393 henry.harris@gowlingwlg.com
Mr. Harris practises in the areas of Corporate Finance and M&A, as well as pri-
vate equity and venture capital. He advises Canadian and foreign companies,
investors and underwriters on all aspects of corporate finance, including global
mining transactions. He also acts as general counsel to a diverse client base,
which includes businesses ranging from the technology to resources sectors.
Harrison, QC, Elizabeth J. Farris, Vaughan,
Wills & Murphy LLP (604) 661-9367 eharrison@farris.com
Ms. Harrison has extensive experience representing mining clients in all
aspects of mining from exploration to full mining operations, and repre-
senting investment bankers and investors on financings, project financings,
general corporate issues and mergers & acquisitions. She is recognized in the
Lexpert® Guide to the Leading US/Canada Cross-Border Corporate Lawyers
in Canada.
Hudec, Albert J. Farris, Vaughan, Wills & Murphy LLP
(604) 661-9356 ahudec@farris.com
Mr. Hudec is an M&A and securities practitioner with 30+ years experience
in cross-border mergers & acquisitions, public and private equity and debt
financings (including bought deals and tax-incentive financings), corporate
governance and board and independent committee representation. He also
practises extensively in the area of Aboriginal law, leading consultations on
major resource projects.
Hudson, Roy H. DLA Piper (Canada) LLP
(403) 698-8708 roy.hudson@dlapiper.com
Mr. Hudson is Head of Americas of the firm's Mining sector. His practice is
focused on advising resource-based and other companies involved in mining,
oil & gas, energy services, construction, and technology. He advises
junior and mid-tier national and international companies on securities
law compliance, project development, M&A, corporate governance
and other legal requirements.
Hutchison, Alan J. Osler, Hoskin & Harcourt LLP
(604) 692-2760 ahutchison@osler.com
Mr. Hutchison is co-Chair of Osler's Mining Group and practises in the areas
of securities, corporate/commercial and mining law with an emphasis on
mergers & acquisitions, corporate finance and corporate governance.
"BASED ON THE CHATTER WE'VE HEARD,
AND FROM SOME OF THE DEALS I'VE SEEN
OVER THE PAST FEW YEARS, YES, COMPANIES
ARE LOOKING TO DE-RISK AND DE-LEVER."
– Catherine Lyons: Goodmans LLP
core projects or those in less than stable jurisdic-
tions. Many have had to write down the projects
already, so that provides some flexibility to sell
(maybe taking equity to try and capture some
upside when things turn around). Another
impact is a rush to quality jurisdictions. For ex-
ample, we've seen activity in the cobalt sector
in Canada which has been fuelled by a desire
to avoid the need to get cobalt from other less
stable parts of the world."
In the spring of 2018, Reuters reported on the
volatility in the cobalt market. In an article enti-
tled "Battery makers descend on Australia, Cana-
da cobalt developers," Melanie Burton and Nicole
Mordant wrote:
"Nervous Asian battery makers are turning to
early-stage cobalt projects in Australia and Canada
to lock in supplies of the critical battery ingredient
ahead of expected shortages as demand for electric
vehicles revs up. Mine developers say interest from
Japanese and Korean firms is particularly strong as
they compete with rivals from China, which has
built deep supply chain ties with the Democratic
Republic of Congo, the world's top producer."
e DRC "accounts for nearly two-thirds of
global cobalt output and production is set to rise
despite concerns over the use of child miners and
rising royalties."
More particularly, "With over 85% of new
global cobalt supply over the next decade coming
from Africa, in a region where the Chinese have
entrenched relationships, the Korean and Japa-
nese cobalt processing industries are very focused
upon Australian and Canadian projects."
Burton and Mordant provide examples:
"South Korean battery maker SK Innovation
Co Ltd (096770.KS) locked in a seven-year sup-
ply deal with Australian Mines (AUZ.AX) last
month, helping to win funding for a project that
has yet to make a final investment decision and
does not expect to produce any cobalt until at
least 2020.
"'At least half a dozen Australian and Canadian
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