Taiga Gold Corp. successfully closes its business combination transaction with SSR Mining Inc.
“On behalf of the board of directors and shareholders of Taiga, we would like to recognize the efforts and achievements of McLeod Law and Rishi Chakraborty in particular. From the earliest days of negotiating our transaction with SSR Mining to the final closing, we were always confident that our needs were well-represented and that an experienced legal team always had our backs. We look forward to working with McLeod Law on future projects.” - Tim Termuende, President and Chief Executive Officer of Taiga Gold
“It was a pleasure to work with Mr. Chakraborty and the team at McLeod Law throughout our transaction. Their ability to distil information, provide clear options, and sound advice inspired confidence within the board to perform its fiduciary obligations throughout the entire process. McLeod Law had the professional depth to meet our goals throughout and was instrumental in concluding our arrangement transaction successfully.” - Jesse Campbell on behalf of Taiga Gold’s board of directors
On April 14, 2022, Taiga Gold Corp. announced that it had successfully closed its business combination transaction with SSR Mining Inc. (TSX; NASDAQ), a publicly listed mining company, for a total transaction value of approximately $35 million. The transaction was structured as a plan of arrangement under Alberta corporate law. McLeod Law advised Taiga Gold and its board of directors on various complex corporate and securities law matters, represented them before various securities regulators, the stock exchange and the Court of Queen’s Bench of Alberta and ultimately assisted the client to successfully close a significant and transformational corporate transaction.
McLeod Law represented Taiga Gold with a team that was led by S (Rishi) Chakraborty, Breton Gaunt, Melanie Bowman and Kai Yee (corporate and securities), Scott Chimuk and Spencer Chimuk (litigation) and Chris Jones (litigation/employment and labour).
Speaking about the overall transaction and the firm’s role, Rishi Chakraborty, Partner had the following to say, “Transactions like these are critical to our clients, they represent significant value propositions to management teams and to various stakeholders. To successfully execute these transactions, businesses require experienced legal counsel to guide them through the entire transaction process. On this particular instance, I am very proud of how we were able to bring forward our firm’s collective knowledge, display our bench strength in various areas of the law and offer our practical problem-solving approach to many complex issues that arose during the transaction cycle.”
Taiga Gold Corp. is a publicly listed mining company whose shares trade on the Canadian Securities Exchange. Taiga Gold’s business was focused on the exploration and development of gold properties in Western Canada.
Practice Areas
