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Greenstone Resources II enters into convertible loan facility and a US$4.5 million private placement

Fasken
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Overview

Client

Greenstone Resources II LP

Fasken advised Greenstone Resources II LP, a private equity fund specialising in the mining and metals sector, in respect of a US$10 million convertible loan facility to, and US$4,500,000 private placement subscription for units of, Northern Vertex Mining Corp., a TSX-V listed issuer with gold and silver assets in Arizona.  Concurrently with the equity investment, Northern Vertex entered into a streaming transaction with Maverix Metals Inc.  

The team included Al Gourley and Jodi Katz (London), as well as Brian Graves, Dev Singh, Chris Steeves and Stuart Brotman (Toronto).

Team

  • Al Gourley, Partner | Mining, London, +44 (0)20 7917 8671, agourley@fasken.com
  • Jodi Katz, Partner | Managing Partner, London, London, +44 (0)20 7917 8579, jkatz@fasken.com
  • Brian Graves, Partner | Mergers & Acquisitions, Toronto, ON, +1 416 865 4517, bgraves@fasken.com
  • Dev Singh, Partner | Co-Leader, Banking & Finance Group, Toronto, ON, +1 416 865 4452, dsingh@fasken.com
  • Christopher Steeves, Partner | Leader, Tax Law, Toronto, ON, +1 416 868 3401, csteeves@fasken.com
  • Stuart Brotman, Partner | Co-Leader, Insolvency & Restructuring, Toronto, ON, +1 416 865 5419, sbrotman@fasken.com