Barros & Errázuriz advised Camino Minerals Corporation

Barros & Errázuriz asesoró a Camino Minerals Corporation, una sociedad canadiense dedicada a la exploración minera, que se encuentra listada en la Bolsa de Toronto (TSXV), en relación con la adquisición del 100% de Cuprum Resources Chile, una compañía minera chilena que está desarrollando el proyecto de cobre a rajo abierto denominado “Puquios”, consistente en un proyecto de cobre listo para construcción ubicado en Coquimbo, Chile.

B&E’s advisory services encompassed: (i) structuring the corporate and tax structure of the Transaction; (ii) the incorporation of all Chilean entities related to the Transaction; (iii) the determination of the purchase price structure, which includes upfront cash, contingent payments, shares from Camino, and a net smelter return (NSR) royalty for the Vendors; (iv) the review of all due diligence findings related to Cuprum and the Puquios Project; (vi) coordinating the Transaction among the several Chilean law firms involved, and (v) reviewing, negotiating and closing all transaction documents from a Chilean law perspective. This includes the share purchase agreement (SPA) with the Vendors, the shareholders agreement (SHA) between Camino and Nittetsu regarding the SPV, the royalty agreement, the investors’ agreement, and the guarantees related to assets in Chile.

For more details, we invite you to review the publication made by the international media The Latin American Lawyer.