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Client Work

Uranium One acquires Energy Metals for $1.9 billion

Fasken
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Uranium One

On August 10, 2007, Uranium One Inc. completed a plan of arrangement, pursuant to which it acquired all of the issued and outstanding common shares of Energy Metals Corporation. The transaction was valued at $1.9 billion dollars. Uranium One was represented in-house by John M. Sibley, Executive Vice President, Legal Counsel and Corporate Secretary, and Lloyd Hong, Vice President, Legal Counsel and Assistant Secretary and in Canada by Fasken Martineau with a team that included John Turner, Gregory Ho Yuen, Paula Amy Hewitt and Stacey Stoneham (corporate/global mining), Mitchell Thaw (tax) and Huy Do and Mark Magro (competition/Investment Canada).

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