40 Temperance St, Suite 3200, Bay Adelaide Centre – North Tower, Toronto, ON
Year called to bar: 1986 (ON)
Cathy Mercer is a partner who practises in the area of corporate and securities law with a strong emphasis on mining and natural resources law, mergers & acquisitions, and the servicing of public companies as well as general securities work, including equity and debt financing transactions and cannabis-related transactions. She acts for both producing mining companies and junior exploration companies, including on acquisitions and dispositions of mines, mining projects, and mining companies. Cathy has extensive experience drafting and negotiating mining royalty agreements, option agreements, off-take agreements, and joint venture agreements, as well as metals streaming agreements. In addition, she assists public companies in their compliance with the Securities Act (Ontario) and the rules of the Toronto Stock Exchange and the TSX Venture Exchange. Cathy is also recognized as a leading lawyer by Best Lawyers. She is fluent in French and was called to the Ontario Bar in 1986.
On October 11, 2017, Canopy Growth Corp. (Canopy Growth) entered into a definitive joint venture agreement to form a new company, BC Tweed Joint Venture Inc. (BC Tweed) together with a large-scale greenhouse operator (the Partner) to develop 1.3 million square feet of greenhouse growing capacity in British Columbia.
On December 1, 2017, Canopy Growth Corp. (Canopy Growth), Green House Holdings North America Inc. (Green House) and its affiliate in the Netherlands, GHSC Trading B.V., National Concessions Group Inc. (Organa Brands) entered into a collaborative joint venture. Together, these three companies comprise the most successful global cannabis businesses.
On May 3, 2016, Altius Minerals Corporation (Altius) completed its acquisition of a copper stream from a subsidiary of Yamana Gold Inc. (Yamana) in respect of Yamana’s Chapada copper-gold mine in central Brazil.
On December 1, 2015, Antofagasta plc (Antofagasta) acquired from Barrick Gold Corporation (Barrick) a 50 per cent interest (the Acquisition) in Compañia Minera Zaldívar Limitada (Zaldívar) that holds the Zaldívar copper mine located in northern Chile (the Zaldívar Mine). The resulting joint venture combines the resources and expertise of two global mining leaders to maximize the value of the Zaldívar Mine.
On March 23, 2015, Sandstorm Gold Ltd. acquired from IAMGOLD Corporation, a 1 per cent gross proceeds royalty (the “Royalty”) over a property in Lac de Gras in the Northwest Territories, including a property constituting the Diavik Diamond Mine operated by Rio Tinto plc.
Lundin Mining Corporation completed the acquisition of an 80 per cent ownership stake in the Candelaria/Ojos del Salado copper mining operations and supporting infrastructure from Freeport-McMoRan Inc., for approximately US$1.8 billion.