On July 19, 2019, St Barbara Limited completed its previously announced acquisition of Atlantic Gold Corporation, a transaction valued at C$802 million. St Barbara Limited, an Australian based gold producer and explorer, acquired 100% of the issued and outstanding shares of Canadian company, Atlantic Gold Corporation which owned and operated the Moose River mines in Nova Scotia, Canada. The consideration pursuant to the transaction consisted of C$2.90 in cash per share and 0.05 of a share of Artemis Gold Inc. (formerly 1193490 B.C. Ltd.) for each Atlantic common share.
Fasken advised St Barbara Limited with a team comprised of Krisztian Toth, Florind Polo, Bradley Freelan, Johanna Fipke, Matthew Downer, Russell Lindzon and Sarah Martin (Corporate/M&A), Mitchell Thaw (Tax) and Matthew Larsen (LEHR).
