representative work

TMAC Resources to be Acquired by Agnico Eagle for $286.6 Million


On January 5, 2021, TMAC Resources Inc. and Agnico Eagle Mines Limited entered into agreements pursuant to which Agnico Eagle has agreed to acquire all of the outstanding common shares of TMAC at a price of $2.20 per share in cash, for a total equity value of approximately $286.6 million.

Cassels acted for TMAC with a team including Jay Goldman, Lindsay Clements, Jeff Roy and Jasmine Qin (Securities, M&A and Mining), Jason Arbuck and Jenna Clark (Banking & Specialty Finance), Chris Hersh (Competition & Foreign Investment), and Lara Jackson and Stephanie Voudouris (Litigation).