On July 13, 2011, Northgate Minerals Corporation and Primero Mining Corp. announced that they have entered into a definitive arrangement agreement to combine their respective businesses and create a new, leading mid-tier gold producer with significant value creation opportunities.
Northgate will acquire all of the issued and outstanding common shares of Primero for 1.50 Northgate common shares per Primero Share. The transaction will create a company with an expected combined market capitalization of approximately $1.2 billion.
Torys LLP represented Northgate Minerals with a team that included Kevin Morris, Alison Harnick, Tom Miller and John Emanoilidis (Canadian corporate and securities); Chris Roehrig and Daniel Raglan (US corporate and securities); Corrado Cardarelli, Andrew Wong and Saira Bhojani (Canadian tax); Peter Keenan and Ari Feder (US tax); Mitch Frazer (employment); Omar Wakil (regulatory); Andrew Gray (litigation) and Dennis Mahony (environmental).
Primero Mining Corp. was represented by McMillan LLP with a team consisting of Stephen Wortley and Leo Raffin, Grant Wong, Amandeep Sandhu, Farzad Forooghian, Amanda Bichai, Erica Weiss, Alexis Cloutier, and Arman Farahani (securities); Mike Taylor and Herb Ono (US securities); Tom Theodorakis, Damon Chisholm, Rob Scavone, David Dunlop and Dorothy Wong (commercial and security matters); Peter Botz, Christine Man and Kathy Wang (tax); David McInnis, David Elenbaas and Lyndsay Wasser (employment); Keith Clark (First Nations); Carl De Vuono, JR Beaudrie, Matt German and Bob Fraser (multi-jurisdiction due diligence - corporate and real estate); Cory Kent, Darrell Podowski, Carmen Diges and Laurel Petryk (mining); James Musgrove (anti-trust) and Karen Carteri (court applications).
Northgate will acquire all of the issued and outstanding common shares of Primero for 1.50 Northgate common shares per Primero Share. The transaction will create a company with an expected combined market capitalization of approximately $1.2 billion.
Torys LLP represented Northgate Minerals with a team that included Kevin Morris, Alison Harnick, Tom Miller and John Emanoilidis (Canadian corporate and securities); Chris Roehrig and Daniel Raglan (US corporate and securities); Corrado Cardarelli, Andrew Wong and Saira Bhojani (Canadian tax); Peter Keenan and Ari Feder (US tax); Mitch Frazer (employment); Omar Wakil (regulatory); Andrew Gray (litigation) and Dennis Mahony (environmental).
Primero Mining Corp. was represented by McMillan LLP with a team consisting of Stephen Wortley and Leo Raffin, Grant Wong, Amandeep Sandhu, Farzad Forooghian, Amanda Bichai, Erica Weiss, Alexis Cloutier, and Arman Farahani (securities); Mike Taylor and Herb Ono (US securities); Tom Theodorakis, Damon Chisholm, Rob Scavone, David Dunlop and Dorothy Wong (commercial and security matters); Peter Botz, Christine Man and Kathy Wang (tax); David McInnis, David Elenbaas and Lyndsay Wasser (employment); Keith Clark (First Nations); Carl De Vuono, JR Beaudrie, Matt German and Bob Fraser (multi-jurisdiction due diligence - corporate and real estate); Cory Kent, Darrell Podowski, Carmen Diges and Laurel Petryk (mining); James Musgrove (anti-trust) and Karen Carteri (court applications).
Lawyer(s)
Andrew Wong
Amandeep Sandhu
Laurel M. Petryk
Carl A. De Vuono
Karen L. M. Carteri
Erica Weiss
Corrado Cardarelli
Matthew German
James B. Musgrove
Thomas Miller
Cory H. Kent
Arman Farahani
Christine Man
Lyndsay Wasser
Peter Botz
David S. Elenbaas
Peter Keenan
Carmen L. Diges
Mitch Frazer
Herbert I. Ono
Stephen D. Wortley
Omar K. Wakil
Amanda Bichai
Grant Wong
Dorothy Wong
John E. Emanoilidis
Andrew Gray
Leo Raffin
Alison Harnick
Saira Bhojani
J.R. Beaudrie
Darrell W. Podowski
Dennis E. Mahony
Alexis Cloutier
Farzad Forooghian
Robert M. Scavone
Kathy Wang
Damon Chisholm
David R. Dunlop
Tom V. Theodorakis