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Lexpert Magazine Selects Canadian "Big Deals"
In its April issue, Lexpert magazine named to its list of "Big Deals" the January 23 public offering of units by Sprott Physical Silver Trust in the United States and Canada for gross proceeds of approximately $349 million. Paul, Weiss represented the underwriters, led by Morgan Stanley and RBC Capital Markets and included corporate partners Christopher J. Cummings and counsel Stephen C. Centa; and tax partner David W. Mayo.
Also named to the list of "Big Deals" was the November 2011 completion by Perseus Mining Limited of a bought deal offering of 25 million ordinary shares and its subsequent issuance of 3,750,000 ordinary shares for gross proceeds of $93,437,500. Edwin S. Maynard led the Paul, Weiss team serving as U.S. counsel to Perseus. Lawson Lundell LLP acted as Canadian legal adviser to Perseus.