Daniel Allen, Brett Kagetsu, Raymond Ong, Henry Harris, Kathleen Ritchie, France Tenaille, Jill Dunn, Hannah Thomson, Martin Palleson, Jonathan Ross, Michael Schalke, Brent Kerr, Anita Yuk
On May 22, 2020, Balmoral Resources Ltd. (TSX: BAR) (OTCQX: BALMF) and Wallbridge Mining Company Limited (TSX: WM) announced the completion of a plan of arrangement between the companies. As a result of the arrangement, Balmoral became a wholly-owned subsidiary of Wallbridge and its shares were subsequently de-listed from the Toronto Stock Exchange.
Balmoral is a multi-award winning Canadian-focused exploration company with a portfolio of gold and base metal properties located within the prolific Abitibi greenstone belt. The company's flagship Detour Gold Trend Project hosts the resource-stage Bug and Martiniere West gold deposits and the Grasset nickel-copper-cobalt-PGE deposit.
Wallbridge is currently developing its 100%-owned Fenelon gold project, which is located along the Detour-Fenelon Gold Trend, an emerging gold belt in northwestern Quebec. Wallbridge is also the operator of, and a 16.5% shareholder in, Loncan Canada Inc., a privately-held company with a large portfolio of nickel, copper, and PGM projects in Ontario's Sudbury Basin.
Gowling WLG advised Balmoral in this transaction with a team that included Daniel Allen, Brett Kagetsu, Raymond Ong, Henry Harris, Kathleen Ritchie, France Tenaille, Jill Dunn, Kean Silverthorn, Ryan Cohen and Hannah Thomson (corporate/M&A); Martin Palleson, Shayne Strukoff and Jonathan Ross (advocacy); Michael Schalke (employment); and Brent Kerr and Anita Yuk (tax).