Lawyer Profile

Richard Fridman

Toronto, Ontario

Richard Fridman

Overview

Public and private sector clients in Canada and the United States trust Richard for business-minded, creative advice on all aspects of their most important business transactions and mergers and acquisitions activity. They value his expertise on both the buy and the sell sides.

While Richard provides advice across industries, including energy, technology and real estate, he has particular experience in the mining sector. Global players – including major producers, junior exploration companies and private equity firms – appreciate Richard’s tailored advice on diverse matters, including joint ventures, earn-in agreements, metals streaming transactions, royalties and off-take arrangements. He is regularly consulted for his advice on corporate governance and shareholder rights-related matters.

Acted for Blackstone in the US$360-million sale by Blackstone and Orion Resource Partners LP of their gold stream interest in the Eskay Creek gold-silver project, owned by Skeena Resources Limited, to Versamet Royalties Corporation.

Acted for BHP in its US$4.3-billion silver streaming agreement with Wheaton Precious Metals International Ltd. relating to its share of Antamina silver production – the most valuable streaming transaction to date based on upfront consideration received.

Acted for New Gold Inc. in its US$7-billion merger with Coeur Mining, Inc., creating a 100% North American precious metals producer with seven operating mines.

Acted for Barrick Mining Corporation on the sale of the Libelula concessions at the La Joya Project in Peru to Chakana Copper Corp. in exchange for shares of Chakana Copper Corp. and a net smelter returns royalty.

Acted for Barrick Mining Corporation in its C$50-million sale of the Alturas Project in Chile to Boroo Pte Ltd.

Acted for Waterton Gold LP and its wholly owned subsidiary, Solidus Resources, LLC, on the US$670-million gold stream over the Spring Valley Gold Project in Nevada with Wheaton Precious Metals, including the definitive precious metals purchase agreement and related security and funding arrangements.

Practice Areas

  • Corporate & Commercial Law
  • Natural Resources & Energy
  • Securities

Bar Information

Called to the bar: 2002 (ON); 1997 (QC); 2000 (NY)