On September 28, 2006 Shore Gold Inc. closed the previously announced purchase from De Beers Canada Inc of its interest in the Fort a la Corne Joint Venture. Kensington Resources Ltd., Shore's wholly owned subsidiary, acquired De Beers' 42.245% participating interest in the joint venture for a purchase price of $180 million. Fasken Martineau acted as legal counsel to De Beers Canada, with a team comprised of Robert Shirriff, John Sabetti, Bozidar Crnatovic, Krisztian Toth, Scott Mitchell and Wojtek Baraniak (corporate), William Bies (tax) and Tony Baldanza (competition).
Client Work
De Beers Canada sells participating interest in diamond joint venture for $180 million
Fasken
Reading Time
1 minute read
Overview
Overview
Team
Team
- John M. Sabetti, Partner, Toronto, ON, +1 416 865 4455, jsabetti@fasken.com
- Krisztián Tóth, Partner, Toronto, ON, +1 416 865 5467, ktoth@fasken.com
- A. Wojtek Baraniak, Partner, Toronto, ON, +1 416 868 3332, wbaraniak@fasken.com
- Anthony F. Baldanza, Partner, Toronto, ON, +1 416 865 4352, abaldanza@fasken.com
