Gowest Gold Completes Go Private Transaction
On September 20, 2024, Gowest Gold Ltd., a Canadian gold exploration and development company, completed its plan of arrangement under Section 182 of the Business Corporations Act (Ontario). Pursuant to the arrangement, a group of existing shareholders of Gowest (the “Acquiring Group”) acquired all of the outstanding common shares of Gowest not already owned by the group, for cash consideration of $0.15 per share.
The transaction resulted in the members of the Acquiring Group being the only shareholders of the company. Subsequently, the shares were delisted from the TSX Venture Exchange on September 24, 2024.
Aird & Berlis represented the Acquiring Group, as co-counsel, with a team that included Jeffrey Merk, Jackson Phillips and Nadia Narain (Capital Markets), Saam Nainifard (Tax) and Stephen Zolf (Competition and Investment Canada Act).
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BioFull bio
With extensive experience in a broad range of corporate finance and commercial matters, Jeffrey offers clients a practical and business-minded approac...
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Jackson is dedicated to helping his clients grow and achieve their business objectives.
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Nadia builds long-lasting relationships with clients by providing practical, tailored advice.
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Saam advises domestic and offshore clients on all aspects of income taxation.
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Stephen guides clients through the rapidly evolving regulatory environment governing the telecommunications and media industry in Canada.
