Transaction|July 13, 2011
Northgate Minerals and Primero Mining agree to C$1.2 billion merger
Torys acted as counsel to Northgate Minerals with a team that included Kevin Morris, Alison Harnick, Tom Miller and John Emanoilidis (Canadian corporate and securities), Christopher Roehrig and Daniel Raglan (U.S. corporate and securities), Corrado Cardarelli, Andrew Wong and Saira Bhojani (Canadian tax), Peter Keenan and Ari Feder (U.S. tax), Mitch Frazer (employment), Omar Wakil (regulatory), Andrew Gray (litigation) and Dennis Mahony (environmental).
On July 13, 2011, Northgate Minerals Corporation and Primero Mining Corp. had agreed to merge companies to create a new, mid-tier gold producer in Canada, Mexico and Australia. Under the agreement, Northgate would have acquired Primero using an exchange ratio of 1.5 Northgate shares per Primero share.
On August 28, 2011, the proposed agreement between Northgate and Primero was terminated.
Further information is found on The Globe and Mail and Canada Newswire.
On August 28, 2011, the proposed agreement between Northgate and Primero was terminated.
Further information is found on The Globe and Mail and Canada Newswire.