TransactionsAUX Completes Offer for Ventana Gold SharesPublished: 03/30/2011 By Joan Beck, Mark T. Bennett, Paul Carenza, Michael Noonan, Jeffrey P. Roy, Ken Snider On March 17, 2011, AUX Canada Acquisition Inc. ("AUX") successfully completed its offer to acquire all of the outstanding shares (“Ventana Shares”) of Ventana Gold Corp. other than Ventana Shares owned by AUX and its affiliates and associates at a cash price of $13.06. After take up of the deposited Ventana Shares, AUX and its affiliates now hold an aggregate of 114,328,610 Ventana Shares (representing approximately 96.7% of the issued and outstanding Ventana Shares on a fully-diluted basis). A compulsory acquisition has been commenced by AUX for the remaining shares. Cassels Brock acted for AUX Canada Acquisition Inc. with a team that included Mark Bennett (Securities, Mining and M&A), Jeffrey Roy (Securities, Mining and M&A), Joan Beck (Securities, M&A) Michael Noonan (Securities), Ken Snider (Tax) and Paul Carenza (Tax). |