Mining Prospects Trends and Developments in Mining Law in Canada and Internationally

Tag Archives: shareholder disputes

Valuation in mining cases: Lessons from the Re Nord Gold SE dissent proceeding

Posted in M&A, Mining

In M&A transactions, dissenting shareholders sometimes disagree with the fair market value (FMV) offered for their shares. Absent settlement, a court must determine the FMV of the company’s shares for dissenting shareholders. In the mining context, this task may be complicated by the prospect of valuing exploration lands unsupported by a “NI 43-101” (Standards of Disclosure for Mineral Projects) report or data demonstrating economic mineralization.

In Re Nord Gold SE,[1] the Ontario Superior Court decided a valuation case in the junior mining context. Shareholders of Northquest Ltd. representing 0.86% of its common shares dissented from a … Continue Reading

Hot Off the Press – Third Annual Mining in the Courts

Posted in Aboriginal and Environmental Issues, Litigation, Mining, Project Development, Commercial Arrangements and Agreements, Tax

We are pleased to inform you that McCarthy Tétrault has released the third edition of its annual publication Mining in the Courts, Year in Review. Published by the firm’s mining group, the book provides an overview of recent Canadian litigation developments affecting the mining industry in 2012.

Topics include the following, with digests of significant decisions during 2012, including three major cases won by the firm’s counsel. Various members of McCarthy Tétrault, including some of our bloggers, will be presenting certain of these topics today in Toronto at PDAC 2013, the annual international conference organized by the Prospectors and … Continue Reading