Discovery Silver Corp. has announced that it has entered into a definitive agreement to acquire from a wholly owned subsidiary of Newmont Corporation 100% of Newmont’s interest in its Porcupine Operations based in and near Timmins, Ontario for total consideration of US$425 million.
Bennett Jones is acting as legal advisor to Discovery in relation to the acquisition and the public offering.
The Bennett Jones team is led by Sander Grieve, K.C. and Linda Misetich Dann (M&A), and includes Benjamin Gal, Pardeep Brar, Katie Clement and Michaila Graziani (M&A), David Bursey (Aboriginal Law), Jane Helmstadter, Samantha Weng, Samuel Judson, Vanessa Kiraly (Commercial Real Estate), Len Griffiths (Environmental), Philip Ward (Tax), Susan Seller (Benefits), Zee Derwa (Competition), Katelyn Weller and Madison Stemmler (Employment).
Bennett Jones