To receive a copy of the materials from this event, please contact events@fasken.com
The adverse circumstances resulting from the COVID-19 pandemic raise challenges for mining companies related to M&A, capital raising, financing opportunities and private equity considerations. In addition, social distancing requirements can create obstacles to effective communication with shareholders. This webinar will discuss available financing structures and alternatives. M&A considerations and potential pitfalls, as well as virtual shareholder meeting matters will also be explored. This program will be moderated by Sarah Gingrich and John Turner.
Mining and Private Equity - the Current Reality
Grant McGlaughlin
A discussion of current trends and issues in private equity.
Bank Financing
John Torrey
Overview of current market trends for new and existing bank credits.
London Capital Markets Update: Open for Business!
Guy Winter
An update on the availability of capital and investor appetite for mining stocks in the London market; recent temporary deregulation of UK securities laws to take account of the logistical and working capital challenges currently confronting issuers; public M&A trends; and the proposed new regime for climate-related disclosures and other issues for mining companies on the regulatory horizon.
Material Adverse Change Clauses
Gesta Abols, Sarah Gingrich and Darren Reed
Material Adverse Change (“MAC”) clauses are a nuclear option built into merger agreements that let the buyer walk away from a deal if the target suffers a dramatic and sustained decline in its business between signing and closing. Although of fundamental importance and hotly negotiated, there is no case law that clarifies what they mean in Canada. With the disruption of COVID-19, there is currently a dispute in Alberta that would result in an important legal decision on their meaning. A brief discussion of MAC clauses, the court case and legal aspects/practical implications.
Exploring recent RTO and M&A activity
Krisztian Toth and Bradley Freelan
A review of RTO and M&A activity in the mining industry since the outbreak of COVID-19.
Q&A
Agenda
- 12:00 pm - 1:30 pm (ET) Program and Q&A
Type
This is event is only available via webinar
Webinar Recording: If you are unable to attend the event but wish to receive the webinar recording, please click the "Webinar Recording" option at bottom of this page.
For the Law Society of British Columbia’s annual Continuing Professional Development (CPD) requirements: the session has been loaded as part of a series, titled “Global Mining Group Webinar Series – June 2020” and will be available for claiming through the LSBC CPD website as of June 30, 2020.
For CPD/CLE in other jurisdictions, please contact your local Law Society.
