On April 7, 2021, Eldorado Gold Corporation ("Eldorado"), a Canadian mid-tier gold and base metals producer, completed its acquisition of all of the outstanding common shares in the capital of QMX Gold Corporation ("QMX") not already owned by Eldorado pursuant to a court-approved plan of arrangement under the Business Corporations Act (Ontario).
The transaction was valued at approximately C$132 million at the time Eldorado and QMX entered into the definitive arrangement agreement.
Fasken advised Eldorado with a team led by Georald Ingborg which included Perry Feldman, Matthew Wilkins, Blaine Bowman, Nancy Eastman, Michael Coburn, Frank Mariage, Brad Moore, Nicolas Leblanc, Emilie Bundock and Carole Gélinas.
Jurisdiction
- Ontario