Detour Gold Acquires Trade Winds Ventures

Detour Gold Corporation acquired all of the outstanding common shares of Trade Winds Ventures Inc. for aggregate consideration of approximately $84 million.The transaction was carried out by way of a Plan of Arrangement pursuant to the Business Corporations Act (British Columbia). Under the Arrangement, each Trade Winds common share was exchanged for 0.0142 of one Detour Gold common share and $0.0001 in cash.

Detour Gold was represented by Julie Galloway, its Vice-President, General Counsel and Corporate Secretary and McMillan LLP with a team in Toronto that included Hellen Siwanowicz, Paul Davis, Craig Manuel, Jason Chertin, J.R. Beaudrie, Marie Bruchet, Robert Hester, Sandra Zhao (capital markets); Michael Friedman and Carl Irvine (tax) and Matthew German (real property); and a team in Vancouver that included Amandeep Sandhu (capital markets) and Karen Carteri (litigation). John Hollinrake and Ken Sam of Dorsey & Whitney LLP provided US advice to Detour Gold.

Trade Winds Ventures was represented by Wildeboer Dellelce LLP with a team comprising Charlie Malone, Al Wiens, Mark Wilson, Darryl Holyday, Michael Rennie (corporate/securities) and Kevin Fritz (tax) in Ontario; and by Paula Price (litigation) of Stikeman Elliott LLP and Verlee Webb of Anfield Sujir Kennedy & Durno LLP in British Columbia.


Paul D. Davis J.R. Beaudrie J. Craig Manuel Darryl Holyday Michael Friedman Jason A. Chertin Kenneth G. Sam Sandra Zhao Alfred Wiens Robert Hester Mark Wilson Kevin F. Fritz Matthew German Julie I. Galloway Verlee L. Webb Paula J. Price Hellen Siwanowicz Marie Bruchet Carl Irvine Amandeep Sandhu Karen L. M. Carteri


McMillan LLP Dorsey & Whitney LLP Wildeboer Dellelce LLP Stikeman Elliott LLP Anfield, Sujir, Kennedy & Durno