![]() Client Work Magna Mining Enters into Definitive Agreement to Acquire Producing Copper Mine in Sudbury from KGHM International Ltd.September 13, 2024 Authors Abbas Ali KhanPartner Bosa KosoricPartner Ali J. NaushahiPartner Talia K. BregmanPartner Susan G. SellerPartner Ben M. SissonsAssociate Philip B. WardPartner Samantha WengAssociate Jane C. HelmstadterPartner Noriko ShimuraPartner Oscar Crawford-RitchieAssociate Stefano CianfroneAssociate Michaila GrazianiAssociate Magna Mining Inc. has announced that it has entered into a definitive share purchase agreement dated September 11, 2024 with a subsidiary of KGHM International Ltd. to acquire a portfolio of base metals assets located in the Sudbury Basin. Magna will acquire the producing McCreedy West copper mine, the past-producing Levack mine, Podolsky mine and Kirkwood mine as well as the Falconbridge Footwall (81.41 percent), Northwest Foy (81.41 percent), North Range and Rand exploration assets. Bennett Jones is acting as legal advisor to Magna. The Bennett Jones team includes Abbas Ali Khan, Bosa Kosoric, Ali Naushahi (Securities/M&A), Talia Bregman (Employment), Susan Seller, Ben Sissons (Employment Benefits), Phil Ward (Tax), Jane Helmstadter, Samantha Weng (Real Estate), Sharon Singh, Claire Lingley, Claire Gibson (Environment/Aboriginal), Noriko Shimura (Debt), Oscar Crawford-Ritchie, Stefano Cianfrone and Michaila Graziani (Corporate/Commercial). Republishing Requests For permission to republish this or any other publication, contact Amrita Kochhar at kochhara@bennettjones.com. For informational purposes only This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors. AuthorsAbbas Ali Khan, Partner Toronto, Vancouver • 416.777.5388 • alikhana@bennettjones.com Bosa Kosoric, Partner Vancouver • 604.891.5322 • kosoricb@bennettjones.com Ali J. Naushahi, Partner Toronto • 416.777.5397 • naushahia@bennettjones.com Talia K. Bregman, Partner Toronto • 416.777-4833 • bregmant@bennettjones.com Susan G. Seller, Partner Toronto • 416.777.5638 • sellersg@bennettjones.com Ben M. Sissons, Associate Toronto • 416.777.7834 • sissonsb@bennettjones.com Philip B. Ward, Partner Toronto • 416.777.7476 • wardp@bennettjones.com Samantha Weng, Associate Toronto • 416.777.5526 • wengs@bennettjones.com Jane C. Helmstadter, Partner • Co-Head of Commercial Real Estate Practice Toronto • 416.777.7470 • helmstadterj@bennettjones.com Noriko Shimura, Partner Calgary • 403.298.3640 • shimuran@bennettjones.com Oscar Crawford-Ritchie, Associate Toronto • 416.777.7822 • crawfordritchieo@bennettjones.com Stefano Cianfrone, Associate Toronto • 416.777.7842 • cianfrones@bennettjones.com Michaila Graziani, Associate Toronto • 416.777.7850 • grazianim@bennettjones.com |