Greenstone (Hardrock) Project
Located in the Geraldton-Beardmore Greenstone Belt along the Trans-Canada Highway in northern Ontario, 275 km northeast of Thunder Bay and 4 km south of the town of Geraldton, the Greenstone Project encompasses the former Hardrock, MacLeod-Cockshutt and Mosher underground mines and represents one of the most significant large-scale, permitted, mine development opportunities in North America.
The project is owned by Greenstone Gold Mines, a 60/40 partnership between Equinox Gold Corp. and Orion Mine Finance.
Construction on the project began in October 2021, with the first gold pour targeted for H1 2024.
Further information on the project can be found on Greenstone Gold Mine’s website.
Torys acted as counsel on the financing with a team led by Tom Zverina and Michael Pickersgill and that included Michael Jason, Stephanie Gurrieri and Ronen Nehmad.
Torys a également agi dans le cadre des mandats suivants en lien avec ce projet :
Orion Mine Finance in the US$995 million sale of its 40% joint venture interest in the Greenstone Gold Project in northern Ontario to Equinox Gold Corp.
Orion Mine Finance in its US$51 million sale of a 10% interest in the Greenstone Gold Mines Partnership, owner of the Greenstone Project in northern Ontario, to its joint venture partner Equinox Gold Corp.
Orion Mine Finance in its US$300 million acquisition of Centerra Gold Inc.’s 50% interest in the Greenstone Gold Mines Partnership, owner of the Greenstone Project in northern Ontario
| Territoire | Municipality of Greenstone, in the Thunder Bay district |
| Province/État | Ontario |
| Pays | Canada |
| Nature du mandat | Entente d’achat de production, Financement de projet, Développement de projets, Fusions et acquisitions |
| Client | Orion Mine Finance |
| Rôle du client | Maître d’ouvrage |