Waterton Precious Metals Fund II Cayman, LP, through a wholly-owned subsidiary, acquired Chaparral Gold Corp., on February 18, 2015. The acquisition was effected under a statutory plan of arrangement pursuant to which holders of Chaparral common shares received $0.61 in cash for each common share. The transaction was valued at approximately $72 million.
Waterton was represented internally by Kamal Toor, Aaron Wolochatiuk and David Toffoli. Waterton was represented by Stikeman Elliott LLP as external counsel with a team that included Curtis Cusinato, Sean Vanderpol, Paul Rakowski and Brandon Hoffman (M&A), John Lorito and Katy Pitch (tax) and David Brown, Samaneh Hosseini and Genna Wood (litigation).
Chaparral was represented internally by Nick Appleyard, Steve Kay and Scott Brunsdon. Chaparral was represented by Axium Law Corporation as external counsel with a team that included Rod McKeen, Morgan Hay, Linda Chow and Helen Racic (M&A).