representative work

Anaconda Mining Completes Sale of ExploreCo Assets in Atlantic Canada to Magna Terra


On August 4, 2020, Magna Terra Minerals Inc. completed the acquisition of Anaconda Mining Inc.’s wholly-owned subsidiary, 2647102 Ontario Inc. (“ExploreCo”) by issuing a total of 12,493,482 common shares of Magna Terra on a post consolidation basis. As a result, Magna Terra acquired a 100% interest in the Great Northern and Viking Projects in Newfoundland and Labrador and the Cape Spencer Project in New Brunswick.

Cassels acted for Anaconda with a deal team that included Alexander Pizale and Conrad Lee (Securities, M&A and Mining).