San Cristobal Mining Inc. (“San Cristobal Mining” or “SCM” or the “Company”) recently announced the acquisition of Minera San Cristóbal S.A. (“MSC”) and all associated assets from Sumitomo Corporation (“Sumitomo”) under the terms of a stock purchase agreement, pursuant to which the Company acquired all issued and outstanding shares of Comercial Metales Blancos AB, SC Minerals Bolivia S.R.L., former subsidiaries of Sumitomo which hold all of the equity interests in MSC (the “Transaction“).
The team advising San Cristobal Mining Inc. was led by Conrad Nest as lead counsel, with support from other Boughton team members: Alexander Tatti, Angela So and Hugh H. Claxton, along with team members from Aird & Berlis, Dorsey & Whitney, and PPO Abogados.
“We are excited to complete our acquisition of Minera San Cristóbal S.A. and all of its associated assets and subsidiaries, bringing San Cristobal Mining into the public eye for the first time,” said Quinton Hennigh, President and Director of San Cristobal Mining.
“We are thrilled and honoured to join the existing operational management team and exceptional workforce at MSC to meet our immediate goals of ensuring a smooth transition of ownership, continuing strong operational performance, and maintaining MSC’s exemplary environmental, social and governance (“ESG”) standards.”
For more information, please contact Conrad Nest of the Boughton Law Securities Group.