Tahoe Resources and Lake Shore Gold close business combination 

 

April 6, 2016

On April 6, 2016, Canadian mining exploration company, Tahoe Resources Inc. (Tahoe) and Canadian gold producer Lake Shore Gold Corp. (Lake Shore Gold) completed a previously announced business combination, now valued at $945 million.

Under an Arrangement Agreement, Tahoe acquired all of the issued and outstanding shares of Lake Shore Gold by way of a plan of arrangement. Existing Tahoe and Lake Shore Gold shareholders own approximately 74 percent and 26 percent of the combined company, respectively.

McMillan LLP represents Tahoe through a team led by Amandeep Sandhu and included Bosa Kosoric, Arman Farahani, Andjela Vukobrat, Barbara Collins, Ravi Bains (securities and M&A), Peter Botz, Christine Man (tax), David McInnes, George Waggott, Allie Ketcham (employment), Brett Harrison, Mark Skwarok (litigation), François Tougas, Robin Junger, Ryan Gallagher (regulatory), Herb Ono (U.S. securities), and Eric Friedman (banking/lending).