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WWW.LEXPERT.CA
coming more flexible. In a streaming deal, a company
such as Silver Wheaton Corp or Franco-Nevada pro-
vide upfront capital to get a mine closer to production
in exchange for the right to buy a percentage of future
production (oen gold or silver that is the by-product
of, say, a copper or nickel mine) at a deep discount to
market prices. ey can then sell those precious metals
at a profit. In return for their investment, royalty compa-
nies take a percentage of future net smelter returns from
a mine.
At Torys, Amm and Pickersgill noted in a 2015
Mid-year Capital Markets report they co-authored that
royalty and stream financing has been evolving and in-
creasingly combined with traditional debt and equity to
"bridge the funding gap for both project development
and M&A transactions."
Streaming companies have been expanding their usu-
Camp, David K.
Borden Ladner Gervais LLP
(604) 640-4104
dcamp@blg.com
Mr. Camp is a member of BLG's Environmental, Municipal, Expropriation
and Regulatory Group. He advises Crown ministries and corporations,
utilities, railways, mining, oil and gas and other resource companies
and developers on First Nation issues.
Canfield, Brian R.
Farris, Vaughan, Wills & Murphy LLP
(604) 661-9362
bcanfield@farris.com
Mr. Canfield is a strategic advisor for his clients, combining his legal
experience, business background and negotiation skills with diligence
and common sense. His clients operate in key industries including real
estate, infrastructure and mining.
Caron, Mario M.
Norton Rose Fulbright Canada LLP
(514) 847-4525
mario.caron@nortonrosefulbright.com
Mr. Caron's focus is on real estate sales and acquisitions, project
financing, commercial leasing and municipal tax. He also represents
clients in transactions such as acquisitions & joint ventures,
and advises pension funds & financial institutions.
Chaikof, David A.
Torys LLP
(416) 865-8126
dchaikof@torys.com
Mr. Chaikof's practice focuses on M&A and capital markets
transactions, with an emphasis on strategic review processes,
take-over bids, proxy battles, private-equity investments
and cross-border financing deals in the mining sector.
Chamberlain, Adam
Borden Ladner Gervais LLP
(416) 367-6172
achamberlain@blg.com
Mr. Chamberlain's practice encompasses environmental, Aboriginal
and other regulatory project requirements. He leads BLG's Team North,
Aboriginal and Climate Change Practice Groups, and is Toronto Regional
Leader of the firm's Forestry Law Group.
Charney, Richard J.
Norton Rose Fulbright Canada LLP
(416) 216-1867
richard.charney@nortonrosefulbright.com
Mr. Charney is the global head of the firm's employment and labour
practice. He practises in these areas, acting for employers
and employers' organizations. He appears before arbitrators,
labour relations boards and the courts.
LEXPERT RANKED LAWYERS
"I think people who
see [Roxgold's shares-
for-services deal to
develop its Yaramoko
Gold Project in Burkino
Faso] may very well be
approaching some of their
contractors, for something
similar, [but] contractors
are not in the business
of taking equity risks with
their [mining] clients."
- Melanie Shishler, Davies
Ward Phillips & Vineberg LLP
PHOTO:
SHUTTERSTOCK