100 King St W, Suite 6000, 1 First Cdn Pl, Box 367, Toronto, ON
Year called to bar: 2009 (ON)
Canada Managing Partner at DLA Piper, Russel Drew leads the firm’s strategic vision in Canada and is a member of DLA Piper’s US Executive Team. Recognized in The Canadian Legal Lexpert Directory for Mergers & Acquisitions, Russel has a market-leading corporate practice focused on public and private M&A and private equity matters. Russel advises domestic and international clients on complex deals, including hostile and friendly takeover bids, plans of arrangement, acquisitions, divestitures, financings, and private equity investments. He also counsels public and private companies on securities, commercial, and governance matters. Russel has guided clients through some of Canada’s largest and most sophisticated M&A transactions.
On July 10, 2015, Newmarket Gold Inc. (Newmarket) and Crocodile Gold Corp. (Crocodile Gold) combined by way of a court approved plan of arrangement under the <i>Business Corporations Act (Ontario)</i>, creating a new gold industry consolidator solidly positioned to acquire high quality gold assets in the world’s most desirable mining jurisdictions. The combined entity has been named Newmarket Gold Inc. and its common shares are trading on the Toronto Stock Exchange under the new symbol “NMI”. The transaction is valued at approximately $185 million.
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.
