Firm News

NGE Team Advises Orla Mining on Closing Its Acquisition of Gold Standard Ventures

An NGE team led by John Koenigsknecht, Chair of the Corporate & Securities practice group, acted as U.S. legal counsel for Orla Mining Ltd. in its recent acquisition of Nevada-based Gold Standard Ventures Corp. Under the terms of the deal, former Gold Standard shareholders received 0.1193 of a common share of Orla and C$0.0001 for each Gold Standard common share they held. This arrangement implies a purchase price of C$0.655 per Gold Standard share, a gross consideration of C$242 million and a 35% premium based on recent pricing.

Other members of the NGE team included Partner Elaine Taussig of the Corporate & Securities practice group and Jeffrey Shamberg, Chair of the Taxation practice group.

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