Yamana Gold Acquires Extorre Gold Mines

In June 2012, Yamana Gold Inc., a Canadian-based gold producer with significant operations in South America and Mexico, announced that it had entered into a definitive agreement to acquire all of the issued and outstanding common shares of Extorre Gold Mines Limited, a Canadian mining company with exploration and development stage precious metals projects in Argentina. Under the terms of the agreement, each Extorre shareholder will receive $4.26 per share comprising $3.50 in cash and 0.0467 of a Yamana common share for each Extorre common share held, or approximately $395 million.

Yamana's Canadian counsel was Cassels Brock & Blackwell LLP with a team that included Mark Bennett, Jeffrey Roy, Andrea FitzGerald, Ken Snider and Angela Chu. Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as US counsel to Yamana, with a team that included Adam Givertz, Richard Elliott, Christian Kurtz and Tim Phillips (corporate); David Mayo and Kate Belzberg (tax) and Mark Mendelsohn (litigation).

Extorre's Canadian counsel was Gowling Lafleur Henderson LLP with a team led by Cyndi Laval and including James Isaac, Catherine Graham, Yong-Jae Kim and Ryan Welsh (corporate/M&A/securities); Brent Kerr and Esther Bergh (tax) and Jonathan Van Netten (litigation). Its US counsel was Dorsey & Whitney LLP, with a team including Jason Brenkert.

Bob Wooder, Katherine Keilty and Andrew Hennigar of Blake, Cassels & Graydon LLP represented the special committee of Extorre's board.


Jeffrey P. Roy Cyndi D. Laval Angela Chu Catherine Graham Bob J. Wooder Kathleen P. Keilty A. Brent Kerr Mark T. Bennett Kenneth J. Snider Jonathan Van Netten Adam M. Givertz Yong-Jae Kim Andrea FitzGerald


Cassels Brock & Blackwell LLP Paul, Weiss, Rifkind, Wharton & Garrison LLP Gowling WLG Dorsey & Whitney LLP Blake, Cassels & Graydon LLP