Coeur Mining, Inc. Acquires JDS Silver Holdings, Ltd.

Goodmans LLP represented Coeur Mining, Inc. (“Coeur”), a public gold and silver company listed on the New York Stock Exchange in its acquisition of all of the outstanding shares of JDS Silver Holdings, Ltd. (“JDS Silver”), a private British Columbia silver mining company, for aggregate consideration of up to US$250 million pursuant to a plan of arrangement.

The principal asset of JDS Silver is the high-grade silver-zinc-lead Silvertip mine located in northern British Columbia. Coeur paid initial consideration of US$200 million, consisting of US$146.5 million of cash, US$38.5 million of Coeur shares and assumed debt of US$15 million. Additional contingent payments of up to US$50 million are payable by Coeur upon achieving specific future permitting and exploration milestones at the Silvertip mine.