28 LEXPERT MAGAZINE
|
SEPTEMBER 2016
BIG DEALS
in part by a new term and revolving credit fa-
cility in the amount of $150 million that was
established prior to closing with a syndicate
of banks led by Scotiabank.
Altius was represented by Elizabeth Breen
and Steven Bennett (M&A) of Stikeman
Elliott LLP.
Yamana was represented in-house by Sofia
Tsakos, Vice President, Corporate Coun-
sel, and Kathleen Caughey, Director, Legal
Counsel, and by Mark Bennett, Cathy Mer-
cer and Alexander Pizale (M&A) of Cassels
Brock & Blackwell LLP.
FIRST MINING FINANCE
ACQUIRES TAMAKA GOLD
CLOSING DATE: JUNE 17, 2016
On June 17, 2016, First Mining Finance
Corp. (First Mining) (FF: TSX-V) com-
pleted its acquisition of Tamaka Gold Corp.
(Tamaka Gold).
e acquisition of Tamaka Gold was com-
pleted pursuant to an amalgamation of Ta-
maka Gold and a wholly owned subsidiary
of First Mining. e shareholders of Tamaka
Gold received an aggregate of 92.5 million
common shares of First Mining (valued at
approximately $70 million as of the closing).
Tamaka Gold was a privately held mineral
exploration company with a 100 per cent in-
terest in the Goldlund project. e Goldlund
project is a gold exploration/development
project in northwestern Ontario. e project
consists of 167 claims and three leases cover-
ing approximately 26,600 hectares
First Mining is a mineral property holding
company whose principal business activity is
to acquire high-quality mineral assets with a
focus in the Americas. Prior to its acquisition
of Tamaka Gold, First Mining had a portfo-
lio of 28 mineral assets in Canada, Mexico
and the US with a focus on gold.
First Mining was represented by Mc-
Cullough O'Connor Irwin LLP with a
team led by James Beeby including Lisa Stew-
art and Sarah Harper (M&A) in Vancouver.
Tamaka Gold was represented by DLA
Piper (Canada) LLP with a team led by
Noam Goodman and including Russel Drew
(M&A) and Kevin Fritz (tax) in Toronto.
Haywood Securities Inc. advised Tamaka
Gold on financial matters and fairness.
Oil & Gas Oil & Gas Oil & Gas
PARKLAND CLOSES $500M
ISSUANCE, ENTERS
"AT-THE-MARKET"
DISTRIBUTION AGREEMENT
CLOSING DATE: JUNE 3, 2016
On April 11, 2016, Parkland Fuel Corp.
(Parkland) filed a short-form base shelf pro-
spectus for the issuance of a combined ag-
gregate principal amount of $500 million of
debt securities and common shares.
On June 3, 2016, Parkland announced
that it had filed a prospectus supplement and
entered into an "at-the-market" equity distri-
bution agreement with Canaccord Genuity
Corp., acting as sole agent, providing for the
distribution of common shares having ag-
gregate gross proceeds of up to $110 million,
from time to time, until May 11, 2018.
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