San Cristobal Mining Completes Acquisition of Minera San Cristóbal S.A. and Related Equity and Debt Financings

Jeffrey K. Merk, Adria Leung Lim, Jackson Phillips, Liam Tracey-Raymont, Gary Volman, Jacqueline (Jack) Goslett, Kyle B. Plunkett, Michael A. Cappabianca, Meghan A. Cowan, Shannon Morris, Michael Palma and Jasraj Shergill

San Cristobal Mining Inc. (the “Company”), a private mining company formed under the laws of British Columbia, Canada, completed its acquisition of Minera San Cristóbal S.A. and all of its associated assets from Sumitomo Corporation under the terms of a stock purchase agreement (the “Agreement”). Pursuant to the terms of the Agreement, the Company acquired all the issued and outstanding shares of Comercial Metales Blancos AB, SC Minerals Bolivia S.R.L. and other subsidiaries of the Company.

The acquisition also required the Company to complete an equity financing transaction and two debt financing transactions.

Aird & Berlis acted as co-Canadian legal counsel to the Company on the acquisition and three financing transactions, with a team led by Jeffrey Merk and comprising Adria Leung Lim, Jackson Philips, Liam Tracey-Raymont and Gary Volman (Capital Markets/M&A), Jacqueline (Jack) Goslett, Kyle Plunkett, Michael Cappabianca and Michelle Chen (Financial Services), Meghan Cowan (Labour & Employment), Steve Hundal (Intellectual Property), Shannon Morris (Law Clerk) and Michael Palma and Jasraj Shergill (Articling Students).