Mandalay Resources Corporation Completes the Sale of the Challacollo Silver-Gold Project in Chile to Aftermath Silver Limited
Goodmans LLP represented Mandalay Resources Corporation in connection with its sale of Minera Mandalay Challacollo Limitada (“MMC”), which currently owns the Challacollo silver-gold project located in Region I (Tarapaca) of Chile, to Aftermath Silver Ltd.
Pursuant to the terms of the transaction, Aftermath purchased 100% of MMC in exchange for total consideration of C$8 million, in non-contingent consideration, plus a 3% net smelter returns royalty on production at Challacollo, capped at US$3 million.
Expertise
Featured Work
-
Restructuring
Sherritt International Corporation completes CBCA Notes Exchange Transaction and Subsequent Exchange Transaction
Goodmans LLP acted for Sherritt International Corporation in connection with its CBCA Transaction and Subsequent Exchange Transaction… -
Capital Markets
Zodiac Gold closes non-brokered private placement
Goodmans LLP advised Zodiac Gold Inc. in connection with the closing of the second and final tranche of its non-brokered private placement… -
Mining
Paulson and NOVAGOLD RESOURCES INC. to acquire Barrick Gold Corp.’s 50% stake in Donlin Gold LLC for US$1 billion
Goodmans LLP is advising Paulson & Co Inc. in connection with a backstop financing commitment entered into as part of its agreement to jointly acquire with NOVAGOLD RESOURCES INC. a 50% interest… -
Mining
Mandalay Resources Corporation and Alkane Resources announce merger
Goodmans LLP is advising Mandalay Resources Corporation in connection with its agreement to combine in a merger of equals transaction with Alkane Resources Ltd., pursuant to which Alkane will acquire… -
Mining
Newmont Corporation completes its non-core divestiture program
Goodmans LLP acted as primary counsel to Newmont Corporation in connection with various divestitures… -
Mining
Coeur Mining, Inc. acquires SilverCrest Metals Inc. at an implied equity value of approximately US$1.7 billion
Goodmans LLP acted as Canadian counsel to Coeur Mining, Inc. in connection with its acquisition of SilverCrest Metals Inc., whereby pursuant to a plan of arrangement Coeur acquired all of the issued…