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Zhaojin International Mining Co. Ltd. participates in B2Gold Corp.’s C$1.1 billion acquisition of Sabina Gold & Silver Corp.

Fasken
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Overview

Client

Zhaojin International Mining Co., Ltd.

On April 20, 2023, B2Gold Corp. (“B2Gold”), a senior TSX-listed gold producer, concluded its acquisition of all of the issued and outstanding common shares of Sabina Gold & Silver Corp. (“Sabina”), a TSX-listed emerging gold mining company that owns 100% of the district scale, advanced, high grade Back River Gold District in Nunavut, Canada, for C$1.1 billion. 

Fasken advised Zhaojin International Mining Co. Ltd, Sabina’s largest shareholder, in connection with the transaction, with a team comprised of Michael Boehm and Lei Huang.

Jurisdictions

  • Alberta
  • Ontario