On August 12, 2024, Osisko Mining Inc. announced that it has entered into a definitive arrangement agreement, pursuant to which Gold Fields Limited, through a 100% owned Canadian subsidiary, has agreed to acquire all of the issued and outstanding common shares of Osisko in an all-cash transaction valued at approximately $2.16 billion on a fully diluted basis.
The transaction will be completed by way of a statutory plan of arrangement under the Business Corporation Act (Ontario).
Cassels is acting as legal advisor to the Special Committee of Osisko.