Sprott Resource Holdings Inc.’s $39.9 Million Acquisition of Minera Tres Valles (MTV)


Bofill Mir & Álvarez Jana, Blake, Cassels & Graydon and Nassar Delgado Iñiguez advised on the deal

Sprott Resource Holdings Inc. has entered into a definitive agreement to acquire 70% of the outstanding equity of S.C. Minera Tres Valles (“MTV”) from the Vecchiola Group for an aggregate purchase price of US$39.9 million, consisting of US$33.5 million in cash and US$6.4 million in SRHI common shares.

The transaction is expected to close during the fourth quarter of fiscal 2017 and is subject to the satisfaction of certain customary closing conditions, including receipt of the approval of the Toronto Stock Exchange.

SRHI is a publicly-listed corporation transitioning into a diversified holding company focused on holding businesses in the natural resource industry. Based in Toronto, SRHI is a member of the Sprott Group of Companies and is managed by a team of leading resource investment professionals.

Bofill Mir & Álvarez Jana advised Sprott Resource Holdings Inc. with Pablo Mir (Picture), Felipe Allende, Heleny Caratazos, Joaquín Pérez, Cristián Franetovic and Esteban Fresno.

Blake, Cassels & Graydon advised Sprott Resource Holdings Inc. with Jeffrey R. Lloyd, John Wilkin and Hugh Goodday.

Nassar Delgado Iñiguez advised Grupo Vecchiola with Daniel Nassar Stefan, Carolina Werner Pozo, Karen Urrestarazu Sáez and Paula Edwards Larraín.

Involved fees earner: Daniel Nassar S. – Nassar Delgado Iñiguez – NDF; Carolina Werner Pozo – Nassar Delgado Iñiguez – NDF; Karen Urrestarazu Sáez – Nassar Delgado Iñiguez – NDF; Paula Edwards Larraín – Nassar Delgado Iñiguez – NDF; Pablo Mir – BMAJ Bofill Mir & Alvarez Jana Abogados; Felipe Allende – BMAJ Bofill Mir & Alvarez Jana Abogados; Heleny Caratazos – BMAJ Bofill Mir & Alvarez Jana Abogados; Joaquín Pérez – BMAJ Bofill Mir & Alvarez Jana Abogados; Esteban Fresno – BMAJ Bofill Mir & Alvarez Jana Abogados; Cristián Franetovic – BMAJ Bofill Mir & Alvarez Jana Abogados; Jeffrey Lloyd – Blake, Cassels & Graydon; John Wilkin – Blake, Cassels & Graydon; Hugh Goodday – Blake, Cassels & Graydon;

Law Firms: Nassar Delgado Iñiguez – NDF; BMAJ Bofill Mir & Alvarez Jana Abogados; Blake, Cassels & Graydon;

Clients: Sprott Resource Holdings Inc.; Vecchiola Group;

Avatar

Author: Ambrogio Visconti.