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OSC decision in HudBay identifies fair treatment of shareholders as the key consideration in requiring HudBay shareholder approval of the transaction and questions the independence of financial advisers

  • Fasken Martineau DuMoulin LLP
  • -
  • Canada
  • -
  • June 1 2009

The Ontario Securities Commission recently released its full decision in respect of HudBay Minerals Inc.’s proposed share exchange acquisition of Lundin Mining Corporation

TSX publishes rule to implement 25 dilution threshold for public company acquisitions

  • Fasken Martineau DuMoulin LLP
  • -
  • Canada
  • -
  • October 2 2009

In a departure from its previously proposed position on the subject, on September 25, 2009 the TSX announced that shareholder approval will be required in connection with public company acquisitions at a dilution threshold of 25 rather than 50 as was originally proposed