Quebec Cartier Mining completes corporate and debt reorganization

Quebec Cartier Mining Co. completed its corporate and debt reorganization on December 31, 2003. The reorganization involved, among other things, an equity contribution and a financial contribution of the government of Quebec, acting through Investissement Québec, for up to $196 million, together with an extension of the company's bank debt.  Counsel to the Quebec Cartier Mining shareholders were Dofasco Inc., represented by Wally Palmer, Louis Séguin, Hugo Patenaude, Koker Christensen, Mark Paterson and Alain Ranger (Tax) of Fasken Martineau in Toronto and Montreal.