Congratulations to Shane D. Coblin for his role in Gold Royalty Corp.’s acquisition of Golden Valley Mines and Royalties Ltd. (“Golden Valley”) and Abitibi Royalties Inc. (“Abitibi”).
The acquisitions were undertaken by way of two statutory plans of arrangement pursuant to section 288 of the British Columbia Business Corporations Act and section 192 of the Canada Business Corporations Act.
Shane represented Golden Valley and Abitibi in the court approval process, first obtaining the initial order approving the calling of the necessary shareholders meeting, setting the procedure for approval of the transaction, and providing for dissent rights.
Following approval by the shareholders, Shane returned to court to obtain the final orders approving the plans of arrangement as fair and reasonable.
The combination of these businesses was completed and announced by press release on November 5, 2021.
