333 Bay St, Suite 2400, Bay Adelaide Ctr, Box 20, Toronto, ON
Year called to bar: 1994 (ON)
Christopher Steeves is the Leader of the firm’s Tax group and is a member of the firm's Partnership Board. Frequently advising Canadian businesses in corporate restructurings and acquisitions, Christopher also assists with income tax aspects of complex domestic and cross-border financings, and financial instruments including derivatives, securities lending and collective investment funds. With expertise in transfer pricing and the resolution of disputes with Canadian tax authorities, Christopher has worked with clients and advisors outside Canada to develop innovative, tax-efficient means of accomplishing cross-border business objectives. Regularly speaking at industry conferences and seminars, Christopher has been an instructor for the Canadian Bar Association's course Tax Law for Lawyers, "Cross-Border Tax Issues" since 2006, and taught a course on "Transfer Pricing" for the Institute of Chartered Accountants of Ontario. He taught at the University of Windsor, Faculty of Law, 1999–2003.
On June 4, 2015, First Quantum Minerals Ltd. completed its sale of 76,923,000 common shares of First Quantum at a price of $16.25 per common share to raise gross proceeds of $1.25 billion. The underwriters exercised their over-allotment option in full, bringing the aggregate gross proceeds to First Quantum of $1.44 billion.
On May 20, 2015, Vicwest Inc. (Vicwest), Kingspan Group Limited (Kingspan) and AG Growth International Inc. (AG Growth) completed a plan of arrangement whereby Kingspan (through its subsidiary) acquired all of the issued and outstanding common shares of Vicwest and AG Growth (through subsidiary) acquired substantially all of the assets of Vicwest’s Westeel division. Pursuant to the terms of the plan of arrangement, each holder of common shares received $12.70 for each common share held. The transaction was valued approximately $360 million.
First Quantum Minerals Ltd. announced that it acquired Lumina Copper Corp. in a cash and share transaction valued at approximately $470 million. The transaction was carried out by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia). As a result of completion of the transaction, First Quantum now owns the Taca Taca project in Argentina, one of the world's most promising undeveloped copper deposits.
First Quantum Minerals Ltd. (“First Quantum” or the “Company”) and its wholly-owned subsidiary FQM (Akubra) Inc. (together, the “Offeror”) announced that, as of 5:00 p.m. EST on April 1, 2013, a total of 65,206,044 common shares of Inmet Mining Corporation (“Inmet”), representing 92.74 per cent of the outstanding Inmet shares (on a fully diluted basis), had been validly tendered to the Offeror's offer (the “Offer”) to acquire all of the outstanding shares of Inmet.