Sphinx Resources Ltd.

Sphinx Resources Ltd. in the creation of a new gold exploration company, Québec Precious Metals Corporation, and strategic investment by Goldcorp in such company

Client

Sphinx Resources Ltd.

Value

-

Service

Mergers and Acquisitions

Date Closed

Industry

Mining

Lead Office

Montréal


 

On April 26, 2018, Sphinx Resources Ltd, Canada Strategic Metals Inc., and Matamec Explorations Inc. jointly announced that Canada Strategic and Matamec have agreed to create a new James Bay-focused gold exploration company to be named Québec Precious Metals Corporation (“QPM”). As a condition to the successful creation of QPM, Canada Strategic will acquire Sphinx’s three gold exploration properties by way of an asset purchase, including the 50% interest of Sphinx in the Cheechoo-Éléonore Trend project and will also acquire the 50% interest in such project held by Sirios Resources Inc.

Sphinx Resources Ltd. is an exploration company that focuses on the development of mineral exploration projects in Québec.

Osler, Hoskin & Harcourt LLP represented Sphinx Resources with a team consisting of Eric Levy, Hugo-Pierre Gagnon, Jeremy Brisset, and Matthew Oliver (Corporate & Securities).


Team
Eric M. Levy
Key Contact

Eric M. Levy

Partner, Corporate

Hugo-Pierre  Gagnon

Hugo-Pierre Gagnon

Partner, Corporate

Jeremy Brisset

Jeremy Brisset

Associate, Corporate

Matthew Oliver

Matthew T. Oliver

Associate, Corporate