IAMGOLD Acquires Trelawney Mining

IAMGOLD Corporation (“IAMGOLD”), through a wholly-owned subsidiary, acquired all of the outstanding common shares of Trelawney Mining and Exploration Inc. (“Trelawney”) that it did not already own pursuant to a statutory plan of arrangement under the Business Corporations Act (Ontario) in consideration for $3.30 in cash for each Trelawney share.

The fully diluted in the money value of the transaction was around $608 million.

Trelawney was represented by Stikeman Elliott LLP with a team comprising Jay Kellerman, Mike Burkett, Ivan Grbesic, Mike Devereux and Warren Ng (M&A); Dana Porter (real estate); Michael Kilby (competition); Kelly O'Ferrall (employment); Dean Kraus and John O'Connor (tax) and Eliot Kolers and Ellen Snow (litigation). Trelawney was also represented by Chris Irwin of Irwin Lowy LLP.

IAMGOLD was represented by Fasken Martineau DuMoulin LLP with a team comprising John Turner, Aaron Atkinson, Bradley Freelan, Francesco Tallarico, Andrew Teehan and Jessica Schnurr (M&A); Andrea Centa and Maria Holder (real property); Huy Do (competition); Karen Sargeant and Donna Gallant (labour and employment); Christopher Steeves (tax) and Tracy Pratt and Samuel Rickett (litigation).


Donna J. Gallant Dean Kraus Jessica S. R. Schnurr Michael Kilby Bradley A. Freelan Jay C. Kellerman Dana Porter Samuel R. Rickett Christopher O. Irwin John S.M. Turner Ellen M. Snow Karen M. Sargeant Michael Burkett Aaron Atkinson Francesco G.A. Tallarico Tracy A. Pratt Ivan Grbesic Mike Devereux Warren Ting-Yan Ng Maria Holder Andrea L. Centa Andrew Teehan John P. O'Connor Eliot N. Kolers Huy A. Do Kelly O'Ferrall Christopher J. Steeves