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
-
Mining
Newmont Corporation to sell Musselwhite Gold Mine to Orla Mining for $850 million
Goodmans LLP is advising Newmont Corporation in its agreement to sell the Musselwhite Gold Mine to Orla Mining for $850 million… -
Mining
Newmont Corporation to sell its Éléonore operation to Dhilmar Ltd for $795 million
Goodmans LLP is advising Newmont Corporation in its agreement to sell its Éléonore operation to Dhilmar Ltd for $795 million in cash consideration… -
Mining
Coeur Mining, Inc. to acquire 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 entering into a definitive agreement with SilverCrest Metals Inc., whereby pursuant to a plan of arrangement Coeur will… -
Mining
Hudbay Minerals completes US$402 million bought deal equity offering
Goodmans LLP advised Hudbay Minerals Inc. in the public offering of its common shares for aggregate gross proceeds of US$402,477,000, including the full exercise of the underwriters’ overallotment… -
Mining
Newmont Corporation acquires Newcrest Mining for US$17.8 billion
Goodmans LLP acted as Canadian counsel to Newmont Corporation in connection with its acquisition of Newcrest Mining Limited for US$17.8 billion, to create the world’s leading gold company with robust… -
Mining
Hudbay Minerals buys Copper Mountain Mining
Goodmans LLP acted for Hudbay Minerals Inc. in the closing of its previously announced court-approved plan of arrangement with Copper Mountain Mining Corporation, pursuant to which Hudbay has acquired…