Goldcorp completes $520M acquisition of Kaminak Gold

On July 19, 2016, Goldcorp Inc. (Goldcorp) acquired all of the issued and outstanding common shares of Kaminak Gold Corp. (Kaminak) pursuant to a court-approved plan of arrangement (the Arrangement) on the basis of 0.10896 of a Goldcorp common share for each common share of Kaminak. The consideration received by Kaminak shareholders pursuant to the Arrangement represents the equivalent of $2.62 per Kaminak Share, for an implied total transaction value for the Arrangement of approximately $520 million.

Kaminak was represented by Blake, Cassels & Graydon LLP, with a team led by Peter O’Callaghan and Susan Tomaine that included Jamie Kariya, Iva Erceg, Andrea Lejay and Kevin Zimka (tax) and Alexandra Luchenko (litigation); and in the US by Chris Cummings, Aaron Abramson, David Mayo (tax) and Rodney Hill (tax) of Paul, Weiss, Rifkind, Wharton & Garrison LLP.

Goldcorp’s legal team was led in-house by Charlene Ripley, Executive Vice President and General Counsel and Randall Chatwin, Assistant General Counsel. Cassels Brock & Blackwell LLP acted as external counsel to Goldcorp with a team led by Paul Stein and Jeffrey Roy that included Jennifer Hansen and Jamie Litchen (securities, mining and M&A) and Robert Cohen (litigation).

Neal, Gerber & Eisenberg LLP was Goldcorp’s US counsel with a team of David Stone, John Koenigsknecht, Beth Rosner and Chloe Milstein. Bob Simon of Greenberg Traurig, LLP was Goldcorp’s US tax counsel. Thorsteinssons LLP acted as Canadian tax counsel to Goldcorp with a team of Michael Colborne and Michael McLaren.


Peter J. O'Callaghan Susan Tomaine Paul M. Stein Jeffrey P. Roy Robert B. Cohen Michael W. Colborne