TORONTO, Nov. 20 /CNW Telbec/ - A team of mining and finance specialists
at Canadian law firm Heenan Blaikie had a hand in eight of the nominations for
this year's Mining Journal Outstanding Achievement Awards. The firm's
transactions are represented in six of the nine awards categories - including
two nominees for 2007's Deal of the Year award. The deals that Heenan
Blaikie's team helped craft received a total of eight nominations.
In a year filled with backroom maneuverings, Heenan Blaikie's lawyers
navigated mining clients through two friendly takeover bids: Aur Resources'
acquisition by Teck and UraMin's acquisition by Areva.
"Both involved largely offshore mining properties, but they still turned
to Canadian law firms - notably Heenan Blaikie - to execute the deals," says
Steve Vaughan, leader of Heenan Blaikie's Mining group. "It's further evidence
that Canada is the financial epicentre of the mining industry - be it for
financing, project development or merger and acquisition expertise."
As Aur's legal advisors in the C$4.1 billion transaction with Teck,
Heenan Blaikie helped broker the deal that is expected to boost Teck's annual
copper production by more than 40% in 2007 through Aur's assets in Chile. In
addition to being UraMin's principal counsel in its US$1.65 billion deal with
Areva, Heenan Blaikie was involved in the acquisition of UraMin's uranium
deposits in South Africa, Namibia and the Central African Republic.
Heenan Blaikie's lawyers also had a hand in several other nominated
projects, including the financing of High River Gold's operation in Burkina
Faso, Oriel Resources' Voskhod project in Kazakhstan, and three-time nominee
Equinox Minerals' Lumwana copper project in Zambia. In addition, Steve Vaughan
provided legal advice in connection with the listing of Caledon Resources,
Oriel and UraMin on the Toronto Stock Exchange.
For further information:
For further information: Karyn McLean, Marketing Director, Heenan
Blaikie, (416) 643-6863, F: (416) 360-8425, email@example.com;