New Canadian gold miner targets Brazil and Peru
Canadian mining companies Trek Mining, NewCastle Gold and Anfield Gold have hired Fasken Martineau in Vancouver, Pinheiro Neto Advogados in Brasília, Canadian firm Blake, Cassels & Graydon LLP, Veirano Advogados in Rio de Janeiro and Borden Ladner Gervais LLP in Vancouver for the merger of their businesses into a new entity, Equinox Gold, which owns assets in Brazil and the US and has stakes in various gold mining facilities in Peru, Brazil and Canada.
Veirano Advogados partner Pedro Garcia, who led the Brazilian leg of the deal for Trek, says the transaction is evidence of a renewed interest in the Brazilian mining sector. He points to Brazilian mining company Nexa Resources’ recent US$496 million IPO as further proof of restored confidence in the sector.
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