A new mining giant has been created by the recent amalgamation of Franco-Nevada Mining Corporation Limited and Euro-Nevada Corporation Limited by way of arrangement to form Franco-Nevada Mining Corporation Limited. The new company is the 5th largest precious metals company in the world by market capitalization — $4 billion. Smith Lyons acted with consent for both Franco-Nevada Mining Corporation Limited and Euro-Nevada Corporation Limited with Leslie T. Gord and Sharon E. Dowdall taking the lead as counsel. Jay Kellerman from Stikeman Elliott acted for the independent committee of the board of directors of Franco-Nevada and Paul Stein from Cassels Brock & Blackwell acted for the independent committee of the board of directors of Euro-Nevada. TD Securities Inc. gave the fairness opinion for Franco-Nevada and CIBC World Markets gave the fairness opinion for Euro-Nevada.
