![]() Client Work SolGold & Cornerstone Announce Friendly Merger TransactionOctober 17, 2022 Authors James ClarePartner Christopher J. DoucetPartner Marshall EidingerPartner Jessica ThrowerAssociate Philip B. WardPartner SolGold plc and Cornerstone Capital Resources Inc. announced they have entered into a definitive agreement, where SolGold will acquire all of the issued and outstanding shares of Cornerstone, other than Cornerstone shares already held, directly or indirectly, by SolGold, pursuant to a court-approved plan of arrangement. Bennett Jones is acting for SolGold on the deal. The merger of the two companies will significantly strengthen their ability to create value for shareholders by consolidating 100% of the Cascabel copper-gold project, along with a robust portfolio of other projects, primarily across Ecuador. The Bennett Jones team is led by James Clare, Christopher Doucet and Marshall Eidinger (Corporate/M&A) and includes Jessica Thrower, Bikaramjit Sandhu and Evan Stein (Corporate/M&A) and James Morand and Phil Ward (Tax). More details on the transaction are available in SolGold's news release. 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. AuthorsJames Clare, Partner Toronto • 416.777.6245 • clarej@bennettjones.com Christopher J. Doucet, Partner Toronto • 416.777.7449 • doucetc@bennettjones.com Marshall Eidinger, Partner Toronto • 416.777.5389 • eidingerm@bennettjones.com Jessica Thrower, Associate Toronto • 416.777.6235 • throwerj@bennettjones.com Philip B. Ward, Partner Toronto • 416.777.7476 • wardp@bennettjones.com |