Client work
Mercator subsidiary Stingray Copper divests El Pilar Project in US$100 million transaction
1
On July 6, 2015, Stingray Copper Inc., a wholly-owned subsidiary of Mercator Minerals Ltd. (bankrupt, formerly TSX: ML), completed the US$100 million sale of its El Pilar oxide copper development project in Mexico to a subsidiary of Grupo Mexico S.A.B. de CV (BMV: GMEXICOB).
Deloitte Restructuring Inc. is Trustee in Bankruptcy to Mercator. We advised Deloitte with a team that included Colin Brousson and Jonathan Ross (insolvency) and Catherine Graham (corporate/M&A).
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.
