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On November 3, 2010, the Canadian Minister of Industry (the Minister) surprised many industry experts and legal advisors when he announced that the BHP Billiton (BHP) bid to acquire Potash Corporation of Saskatchewan Inc. (Potash) failed to satisfy the “net benefit to Canada” test pursuant to the Investment Canada Act (ICA
On January 23, 2009, the Ontario Securities Commission prohibited HudBay Minerals Inc. (HudBay) from issuing shares in connection with its proposed merger with Lundin Mining Corporation (Lundin) without first obtaining HudBay shareholder approval for the transaction
