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Yamana Gold Acquires Extorre Gold Mines
Practices
Paul, Weiss client Yamana Gold Inc., a Canadian gold producer, completed its acquisition of all the issued and outstanding common shares of Extorre Gold Mines Limited, a Canadian mining company with exploration and development stage precious metals projects in Argentina. Under the terms of the agreement, each Extorre shareholder will receive C$4.26 per share comprised of C$3.50 in cash and 0.0467 of a Yamana common share for each Extorre common share held, or approximately C$395 million.
The Paul, Weiss team advising Yamana included corporate partner Adam M. Givertz; tax partner David Mayo; litigation partner Mark Mendelsohn and litigation counsel Richard Elliott.