Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Gold Wheaton acquired by Franco-Nevada for US$1 billion

Reading Time 1 minute read Subscribe



Gold Wheaton Gold Corp.

On March 14, 2011, Franco-Nevada Corporation completed its acquisition of all of the outstanding common shares of Gold Wheaton Gold Corp. that it did not already own pursuant to a statutory plan of arrangement under the Business Corporations Act (British Columbia). Gold Wheaton amalgamated with a wholly owned subsidiary of Franco-Nevada to form Franco-Nevada GLW Holdings Corp. Franco-Nevada had previously acquired a 34.5% interest in Gold Wheaton from Quadra FNX Mining Ltd. on January 5, 2011.

The aggregate value of the consideration paid for Gold Wheaton by Franco-Nevada was approximately $1 billion.

Fasken acted as British Columbia counsel and provided tax advice to Gold Wheaton with a team that included Tracey Cohen, QC (Litigation), Iain Mant (M&A) and Frank Schober (tax).



    Receive email updates from our team