First Quantum Minerals Ltd. has completed the previously-announced bought deal offering of common shares of the company. First Quantum issued 139,932,000 common shares (including 18,252,000 common shares issued pursuant to the exercise in full of the underwriters' over-allotment option) at a price of C$11.10 per common share for aggregate gross proceeds of $1,553,245,200 (approximately US$1.15 billion).

The syndicate of underwriters was led by RBC Capital Markets, BMO Capital Markets and Goldman Sachs as joint bookrunners and included BNP Paribas (Canada) Securities Inc., ING Bank N.V., J.P. Morgan Securities Canada Inc., Absa Bank Limited, CIBC World Markets Inc., Natixis Securities Americas LLC, The Standard Bank of South Africa Limited, TD Securities Inc., Canaccord Genuity Corp. and National Bank Financial Inc.

Blake, Cassels & Graydon LLP  acted for First Quantum with a team that includes Maitree Patel, Sabrina Radia-Bramwell, Markus Viirland, and Liam Churchill.

Skadden, Arps, Slate, Meagher & Flom LLP acted as US counsel to First Quantum.

Stikeman Elliott acted for the syndicate of underwriters with a team that includes Ivan Grbešic, Steven Bennett, Christian Vieira (Capital Markets – Equity); D'Arcy Nordick and Daniela Chang (Capital Markets - Debt); Mark Schumacher (Capital Markets – Equity/Debt); Jill Winton (Tax); Michael Laskey and David Feldman (Regulatory).

Ropes & Gray LLP acted as US counsel to the underwriters.