Gowling WLG advises Flinders Resources and Tasman Metals on combination

25 August 2016

On August 25, 2016, Flinders Resources Limited (Flinders) and Tasman Metals Ltd. (Tasman) announced the closing of their plan of arrangement pursuant to which Flinders has acquired all of the issued and outstanding shares of Tasman in consideration of 0.5 of a common share of Flinders for each outstanding Tasman share.

Flinders now owns 100% of the outstanding Tasman shares. The arrangement was approved by Tasman shareholders on August 18, 2016 and by the Supreme Court of British Columbia on August 23, 2016.

The new company will be known as Leading Edge Materials Corp. The company, headquartered in Vancouver, is ideally positioned to play a pivotal role in the sustainable supply of technology and energy critical materials.

Gowling WLG advised both companies with a team led by Cyndi Laval that included Yong-Jae Kim, Jonathan Ross, A. Brent Kerr, Denis Silva and paralegal Toni Vodola.


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.