The Lexpert Special Editions profiles selected Lexpert-ranked lawyers whose focus is in Corporate, Infrastructure, Energy and Litigation law and relevant practices. It also includes feature articles on legal aspects of Canadian business issues.
Issue link: https://digital.carswellmedia.com/i/1480531
www.lexpert.ca 29 and Ontario. It is dedicated to the explor- ation and development of high-quality nickel-copper-cobalt resources. e RTO is expected to unlock significant value for shareholders through the addition of the Selebi mines, which have significant explora- tion upside, to the current portfolio of nick- el-copper-cobalt assets. Bennett Jones LLP acted as legal counsel to NAN, with a team that included Sander Grieve, Andrew Disipio, Sarah Harper, Benjamin Gal, Chelsea Hatton, Jeff Taylor, Kristin Ostler, Olivier Caron, and Yohanna Laurensia (Corporate, M&A, Securities, Capital Markets + Mining); and Phil Ward and Nicholas Arrigo (Tax). Blake Cassels & Graydon LLP acted as legal counsel to the Special Committee of NAN, with a team that included Kathleen P. Keilty and Sebastian Lowes. Moran Professional Corporation acted as legal counsel to PNR, with a team that included Timothy H. Moran. Davies Ward Phillips & Vineberg LLP acted as legal counsel to the Special Committee of PNR, with a team that included Vincent Mercier (Mergers & Acquisitions, Capital Markets + Securities); Richard Fridman (Mergers & Acquisitions, Capital Markets + Securities); Brett Seifred (Mergers & Acquisitions, Capital Markets + Securities); Daniel Pearlman (Mergers & Acquisitions, Capital Markets + Securities); Jordan Lavi (Capital Markets and Securities); Alyssa Wiseman (Mergers & Acquisitions, Capital Markets + Securities); and Caroline Menard (Corporate Associate). McCarthy Tétrault LLP acted as legal counsel to the agents under the subscrip- tion receipt financing of NAN, with a team that included Rami Chalabi (Mergers & Acquisitions, Capital Markets) and Victoria Zed (Corporate Governance + Public Companies, Mergers & Acquisitions, Securities Regulation). GLENCORE TECK AMERICAN TO FORM NEWRANGE COPPER NICKEL IN 50/50 JOINT VENTURE CLOSING DATE: JULY 20, 2022 On July 20, 2022 , PolyMet Mining Corp. ("PolyMet"), who is owned by Glencore Inc., entered into an agreement (the "transaction") with Teck American Inc., a subsidiary of Teck Resources Limited ("Teck "), to form a 50:50 joint venture that will place their respective NorthMet and Mesaba resources containing high-de- mand copper, nickel, cobalt, and platinum group metals under single management. PolyMet and Teck will become equal owners in PolyMet Mining, Inc., which will be renamed NewRange Copper Nickel LLC. Glencore has committed to funding PolyMet's respective portion of the initial work program and certain other costs and expenses. McCarthy Tétrault LLP assisted Glencore Inc., who owns PolyMet Mining Corp., with a team led by Roger R . Taplin. PALLINGHURST EXCHANGES INTEREST IN NEMASKA FOR SHARES OF LIVENT CLOSING DATE: JUNE 6, 2022 On June 6, 2022 , Pallinghurst Lithium Limited, a UK-based private investor in the global natural resources sector, completed the exchange of its indirect 25-percent ownership interest in Québec- based Nemaska Lithium Inc. to Livent Corporation for shares of Livent. Livent issued 17,500,000 shares of its common stock to The Pallinghurst Group and its investors to acquire their half of Québec Lithium Partners (QLP). Livent already owned the other half of QLP. Following closing, Livent doubled its ownership stake in Nemaska to 50 percent while Investissement Québec remains the owner of the remaining 50 percent interest. Davies Ward Phillips & Vineberg LLP acted for Pallinghurst on the transaction, with a team that included Melanie Shishler, Dale Osadchuk, and Joseph DiPonio (Corporate/Mergers and Acquisitions); and Christopher Anderson and Marc André Gaudreau Duval (Tax). Davis Polk LLP and Dentons Canada LLP represented Livent. OSISKO ACQUIRES TINTIC CONSOLIDATED METALS FOR US$145 MILLION CLOSING DATE: MAY 27, 2022 On May 27, 2022 , Osisko Development Corp. completed its US$145-million acquisition of Tintic Consolidated Metals LLC from IG Tintic LLC, and its related US$77-million acquisition of Chief Consolidated Metals from Ruby Hollow LLC and Emerald Hollow LLC. Osisko Development Corp. also entered into a non-binding US$40- million metals stream transaction with a wholly-owned subsidiary of Osisko Gold Royalties Ltd. Osisko Development Corp. acquired 100-percent ownership of the producing Trixie Mine, one of the highest-grade gold mines in the world, as well as mineral claims covering more than 17,000 acres (including over 14,200 acres of which are patented) in Central Utah 's historic Tintic Mining District. The acquisition further accelerated Osisko Development Corp. on its path towards becoming a