<\/p>\n
Morgan & Morgan acted as Panama counsel to Inmet Mining Corporation (owner of an 80% interest in Minera Panama, S.A., which is the owner and developer of the \u201cCobre Panama\u201d mining Project) in connection with a one billion dollar (US$ 1,000,000,000.00) precious metals stream financing for the Cobre Panama Project, with Franco-Nevada Corporation. Inmet Mining Corporation and Franco-Nevada Corporation agreed to said precious metals stream financing through the execution of a Precious Metals Purchase and Sale Agreement by their subsidiaries Minera Panama, S.A. (owner and developer of the Cobre Panama Project\u2014a US$6.2 Billion copper-gold-silver-molybdenum mining project currently being constructed in Panama) and Franco-Nevada (Barbados) Corporation.<\/p>\n
The transaction received the consent from Korea Panama Mining Corp. (\u201cKPMC\u201d), owner of the remaining 20% interest in Minera Panam\u00e1, S.A., which did not participate in the transaction, and included a modification to Minera Panama, S.A.\u2019s shareholders agreement and organizational documents in order to avoid any adverse impact on KPMC\u2019s economic interest in the project.<\/p>\n
From Morgan & Morgan Partner Inocencio Galindo<\/strong><\/a> and Associate Aristides Anguizola<\/strong><\/a> assumed principal responsibility on Panama aspects of this transaction.<\/p>\n Torys LLP acted as Canadian counsel to Inmet Mining Corporation.<\/p>\n <\/p>\n Morgan & Morgan acted as Panama counsel to Inmet Mining Corporation (owner of an 80% interest in Minera Panama, S.A., which is the owner and developer of the \u201cCobre Panama\u201d mining Project) in connection with a one billion dollar (US$ 1,000,000,000.00) precious metals stream financing for the Cobre Panama Project, with Franco-Nevada Corporation. Inmet Mining Corporation and Franco-Nevada Corporation agreed to said precious metals stream financing through the execution of a Precious Metals Purchase and Sale Agreement by their subsidiaries Minera Panama, S.A. (owner and developer of the Cobre Panama Project\u2014a US$6.2 Billion copper-gold-silver-molybdenum mining project currently being constructed in Panama) and Franco-Nevada (Barbados) Corporation.<\/p>\n The transaction received the consent from Korea Panama Mining Corp. (\u201cKPMC\u201d), owner of the remaining 20% interest in Minera Panam\u00e1, S.A., which did not participate in the transaction, and included a modification to Minera Panama, S.A.\u2019s shareholders agreement and organizational documents in order to avoid any adverse impact on KPMC\u2019s economic interest in the project.<\/p>\n From Morgan & Morgan Partner Inocencio Galindo and Associate Aristides Anguizola assumed principal responsibility on Panama aspects of this transaction.<\/p>\n Torys LLP acted as Canadian counsel to Inmet Mining Corporation.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":" Morgan & Morgan acted as Panama counsel to Inmet Mining Corporation (owner of an 80% interest in Minera Panama, S.A., which is the owner and developer of the \u201cCobre Panama\u201d mining Project) in connection with a one billion dollar (US$ 1,000,000,000.00) precious metals stream financing for the Cobre Panama Project, with Franco-Nevada Corporation. Inmet Mining<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[444,430,420],"tags":[],"class_list":["post-24461","post","type-post","status-publish","format-standard","hentry","category-aristides-anguizola","category-inocencio-galindo","category-news"],"_links":{"self":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/posts\/24461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/comments?post=24461"}],"version-history":[{"count":0,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/posts\/24461\/revisions"}],"wp:attachment":[{"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/media?parent=24461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/categories?post=24461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/morimor.com\/es\/wp-json\/wp\/v2\/tags?post=24461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}