Parties
Company
San Cristobal Mining Inc.
Company
Sumitomo Corporation
San Cristobal Mining Inc. has completed the acquisition of Minera San Cristóbal S.A. (MSC) and all of its associated assets from Sumitomo Corporation
Minera San Cristóbal S.A. processes one of the largest deposits of zinc, lead, and silver in the world, and is the largest mining operation in Bolivia.
The acquisition also required San Cristobal Mining to complete an equity financing transaction and two debt financing transactions.
Aird & Berlis acted as co-Canadian legal counsel to San Cristobal Mining on the acquisition and three financing transactions, with a team led by Jeffrey Merk and comprising Adria Leung Lim, Jackson Philips, Liam Tracey-Raymont and Gary Volman (Capital Markets/M&A), Jacqueline (Jack) Goslett, Kyle Plunkett, Michael Cappabianca and Michelle Chen (Financial Services), Meghan Cowan (Labour & Employment), Steve Hundal (Intellectual Property), Shannon Morris (Law Clerk) and Michael Palma and Jasraj Shergill (Articling Students).
Boughton Law acted as co-Canadian legal counsel to the Company on the acquisition and three financing transactions, with a team led by Conrad Nest and including Alexander Tatti, Angela So (Capital Markets/M&A), Hugh H. Claxton and Susan Do (Financial Services), Fanny Zhang (articling student) and Jamey Gilchrist (Paralegal).
Morrison Foerster represented Sumitomo Corporation with a team led by Mike Graffagna and Leo Aguilar, with support from Yohei Nakagawa and Ganesh Vaheisvaran.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
13 February 2023