On May 30, 2022, Star Royalties Ltd. ("Star Royalties") announced the closing of a strategic investment by Agnico Eagle Mines Limited of 14,134,620 common shares of its subsidiary, Green Star Royalties Ltd. ("Green Star Shares") at a price of C$1.00 per Green Star Share for an aggregate purchase price of C$14.13 million. In addition, members of Star Royalties' management team and board of directors concurrently purchased 1,250,000 Green Star Shares for an aggregate purchase price of C$1.25 million.
Fasken advised Star Royalties with a team comprised of Grant McGlaughlin, Payton Holliss, and Fatima Husnain.
Jurisdiction
- Ontario
