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First Quantum acquires Lumina for approximately C$470 million

Fasken
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First Quantum Minerals Ltd.

On August 19, 2014, First Quantum Minerals Ltd. (First Quantum) announced that it acquired Lumina Copper Corp. (Lumina) in a cash and share transaction valued at approximately C$470 million. The transaction was carried out by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia). As a result of completion of the transaction, First Quantum now owns the Taca Taca project in Argentina, one of the world’s most promising undeveloped copper deposits. First Quantum is an established and rapidly growing mining and metals company operating seven mines and developing five projects worldwide. The Company produces copper, nickel, gold, zinc and platinum group elements. First Quantum was advised by a team from Fasken Martineau that included John Turner, Daniel Batista, Bradley Freelan, Georald Ingborg, Jessica Catton, Francesco Tallarico, Barinder Sidhu, Jesse Bertollo (Mergers & Acquisitions), Christopher Steeves (Tax) and Huy Do (Competition).

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