On May 13, 2024, Equinox Gold Corp. completed its acquisition of the remaining 40 percent of Greenstone Gold Mine GP Inc. from Orion Mine Finance Management LP, achieving full ownership of the Greenstone Mine in Ontario, Canada. The deal is valued at US$995 million.
This acquisition was part of a transaction that also included securing a $675 million (US$500 million) three-year term loan.
Torys LLP acted as counsel to Orion Mine Finance with a team led by Mike Pickersgill and included Michael Jason, Nick Germanakos, Tia Eisner and Sarah Rimer (corporate/M&A), Craig Maurice and Steve Marshall (tax).
Blake, Cassels & Graydon LLP and Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as counsel to Equinox Gold Corp.