100 King St W, Suite 3400, 1 First Canadian Pl, PO Box 130, Toronto, ON
Year called to bar: 1981 (ON)
Michael Melanson advises clients on a variety of corporate and securities law matters, with a particular focus on capital markets transactions. Michael practises extensively in the capital markets area, with an emphasis on public and private offerings of securities, takeover bids, and mergers & acquisitions. He acts for clients in a wide range of industries, particularly in the mining industry. One area of focus of Michael's practice is representing clients in China, Hong Kong, and other international markets.
On March 31, 2017, Western Potash Corp. (“Western Potash”) completed its corporate restructuring pursuant to a court-approved plan of arrangement under the Business Corporations Act (British Columbia) whereby Western Potash became a wholly-owned subsidiary of Western Resources Corp. (“Western Resources”).
Antofagasta plc, through its wholly-owned subsidiary, Antofagasta Investment Company Limited, acquired Duluth Metals Limited by way of a plan of arrangement at a price of $0.45 per share, for total cash consideration of approximately $52.8 million. Immediately following the acquisition, Antofagasta funded the purchase of $30-million aggregate principal amount convertible debentures, being all of Duluth’s outstanding convertible debentures.