Client Work

Magna Mining to Acquire Lonmin Canada

August 19, 2022
Authors
Abbas Ali KhanPartner
Bosa KosoricPartner
Christopher J. DoucetPartner
Yohanna LaurensiaAssociate
Olivier CaronAssociate
Jane C. HelmstadterPartner

Bennett Jones is acting as legal counsel to Magna Mining Inc. in its definitive share purchase agreement to acquire 100% of Lonmin Canada Inc., including the Denison Project and the past producing Crean Hill mine in Sudbury.

Magna also announced a private placement offering of up to C$20 million to fund the cash component of the purchase price for the acquisition, as well as ongoing exploration and development activities at the Denison Project.

More details on the deal are available in Magna's press release.

The Bennett Jones deal team is led by Abbas Ali Khan (M&A) and includes Bosa Kosoric, Chris Doucet, Nusrat Ali, Yohanna Laurensia and Olivier Caron (M&A), Jane Helmstadter (Real Estate) and James Morand (Tax).

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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.

Authors

Abbas Ali Khan, Partner
Toronto, Vancouver  •   416.777.5388  •   alikhana@bennettjones.com
Bosa Kosoric, Partner
Vancouver  •   604.891.5322  •   kosoricb@bennettjones.com
Christopher J. Doucet, Partner
Toronto  •   416.777.7449  •   doucetc@bennettjones.com
Yohanna Laurensia, Associate
Toronto  •   416.777.7909  •   laurensiay@bennettjones.com
Olivier Caron, Associate
Toronto  •   416.777.7920  •   carono@bennettjones.com
Jane C. Helmstadter, Partner  •   Co-Head of Commercial Real Estate Practice
Toronto  •   416.777.7470  •   helmstadterj@bennettjones.com