18 LEXPERT MAGAZINE
|
JUNE 2018
BIG DEALS
of Blake, Cassels & Graydon LLP.
Lithium X Energy Corp. was represented
by John Anderson, Vanessa Johnson, Terry
Grazier, Brandon Piva (corporate), Jonathan
Buysen (litigation) and Julie D'Avignon and
Jean-Guillaume Shooner (tax) of Stikeman
Elliott LLP.
FIRST MAJESTIC
COMPLETES US$156.5M
NOTE OFFERING
CLOSING DATES: JANUARY 29, 2018
AND FEBRUARY 15, 2018
On January 29, 2018, and February 15, 2018,
First Majestic Silver Corp. completed the
issuance of US$156.5 million aggregate prin-
cipal amount of 1.875 per cent unsecured
senior convertible notes due 2023, including
notes issued pursuant to the partial exercise
of an over-allotment option granted to the
initial purchasers.
e notes have an initial conversion rate of
104.3297 First Majestic common shares per
US$1,000 principal amount of notes.
e initial purchasers for the offering were
BMO Capital Markets Corp., TD Securities
Inc., Scotia Capital (USA) Inc. and J.P. Mor-
gan Securities LLC.
Proceeds of the offering are expected to
be used in connection with the proposed
acquisition by First Majestic of all of the
issued and outstanding shares of Primero
Mining Corp. pursuant to a previously an-
nounced arrangement agreement and for
general corporate purposes and, if the ac-
quisition is not consummated, for general
corporate purposes.
First Majestic was advised in Canada by
McCullough O'Connor Irwin LLP with a
team led by James Beeby that included Mia
Bacic, Lisa Stewart, Katie Blundy and Ta-
jinder Rathor. Mexican counsel to First Ma-
jestic was Fernando Todd Dip and Jorge Gar-
cía Díaz of Todd y Asociados, S.C. In the
United States, First Majestic was represented
by Daniel Miller, Anthony Epps and Erin
Sharmila practised as general counsel
for the Norstar and Concordian Group.
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McCrady of Dorsey & Whitney LLP. For
tax matters, First Majestic was represented by
Michael McLaren and Michael Colborne of
orsteinssons LLP.
e initial purchasers were advised in
Canada by Blake, Cassels & Graydon
LLP with a team led by Bob Wooder
and Kathleen Keilty that included Evan
Straight and Nikita Pomerov (securities)
and Kevin Zimka (tax). In the US, the ini-
tial purchasers were represented by Paul,
Weiss, Riind, Wharton & Garrison
LLP with a team led by Chris Cummings,
that included Adam Givertz, Steve Centa,
Ronnie Ollo, Harrison Cruikshank and
ea Winterton-Perks (corporate) and Da-
vid Mayo and Eric Hunter (tax).
Consumer Goods Consumer Goods Consumer Goods
BLUE POINT CAPITAL
PARTNERS ACQUIRES
SPECTOR & CO.
CLOSING DATE: MARCH 20, 2018