On December 21, 2007, Coeur d'Alene Mines Corporation (“Coeur”) completed its acquisition, through a wholly owned subsidiary, of all the outstanding shares of Bolnisi Gold NL (“Bolnisi”) and, indirectly, all of the outstanding shares of Palmarejo Silver and Gold Corporation (“Palmarejo”) in a transaction valued at US$1.1 billion. Under the terms of the transaction, shareholders of Bolnisi and Palmarejo received as consideration common stock of Coeur (or CHESS depositary interests representing Coeur stock) and a cash amount.
Coeur was represented by its General Counsel Kelli Kast, and by Goodmans LLP with a team that included Jonathan Lampe and Kari MacKay (corporate), Alan Bowman (tax), David Redford (mining) and Tom Friedland (litigation); and in the US by Gibson, Dunn & Crutcher LLP with a team that included Richard Russo, Tim Hart, Candice Choh, Erika Randall, Michael Alidio and Tilda Shin (corporate) and Dora Arash (tax); and in Australia by Freehills with a team that included Braddon Jolley, Rebecca Maslen-Stannage, Alison Wheatley, and Sandy Mak (corporate), and Bruce Ramsay and Elizabeth Macknay (litigation); and by Greenwoods & Freehills Pty Limited for tax matters with a team that included Richard Hendriks, Ernest Chang and Betsy Rumble; and in Mexico by Creel, García-Cuéllar y Müggenburg, S.C. with a team that included Carlos Müggenburg R.V., Jose Ruiz Lopez, Pablo Gomez Sainz, Laura Calvo R. and Carlos de Icaza (corporate).
Palmarejo was represented by Corporate Secretary Carole Plante and Stikeman Elliott LLP with a team that included Ray McDougall, Rob Nicholls, Jeffrey Elliott, Alethea Au, Sarah Rancier, and Andrew Bozzato (corporate/securities), David Muha (tax) and Elizabeth Pillon (litigation). In the US, Bolnisi and Palmarejo were represented by Dorsey & Whitney LLP with a team led by Gil Cornblum and included Randy Jones, Bill Prince, Katie Johnson and Sara Peterson (corporate), and John Hollinrake and Greg Perry (tax). In Australia, Bolnisi was represented by Minter Ellison with a team that included James Philips and Melinda Loh.