Perth-based Westgold Resources Limited and Toronto's Karora Resources Inc. have announced the completion of their merger to create a leading mid-tier gold producer and international gold company expected to be dual listed on the Australian Securities Exchange (ASX) and Toronto Stock Exchange (TSX).
Bennett Jones acted as Canadian legal advisor to Karora on the transaction.
Westgold has acquired 100% of the issued and outstanding shares of Karora by way of a statutory plan of arrangement under the Canada Business Corporations Act. The full details of the merger are available here.
The Bennett Jones team on the deal is led by Abbas Ali Khan and Bosa Kosoric (M&A and Securities) and includes Jeffrey Kerbel, Ali Naushahi, Benjamin Gal, Olivier Caron, Monique Murray, Michaila Graziani (M&A and Securities), Rob Staley, Ian Thompson, Doug Fenton (Litigation), Adam Kalbfleisch, Christina Skinner (Competition), James Morand, Hennadiy Kutsenko (Tax), Susan Seller (Benefits), Talia Bregman (Employment), Sharon Singh (Regulatory) and Adam Taylor (Debt).
Client Work
Westgold and Karora Complete Merger
August 1, 2024
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This publication provides an overview of legal trends and updates for informational purposes only. For personalized legal advice, please contact the authors.
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