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Cassels Brock Represents EPM Mining Ventures Inc. as It Closes a $16 Million Private Placement with Tata Chemicals Ltd.

Published: 09/21/2011

By Paul Carenza, Gregory Hogan, Pollyanna Lord, Alexander Pizale, Paul M. Stein, Keri Wallace

On September 2, 2011. EPM Mining Ventures Inc. (“EPM”) announced that it closed a private placement to Gusiute Holdings (UK) Limited (“Gusiute”), an indirect wholly-owned subsidiary of Tata Chemicals Limited.  EPM issued to Gusiute one unit at a price of C$16,000,000, such unit consisting of 8,000,000 voting common shares ("Common Share") of EPM and 8,000,000 common share purchase warrants ("Warrants"). Each Warrant entitles the holder to subscribe for one Common Share at a price of $2.00 until September 2, 2012.

Casssels Brock represented EPM with a team that included Paul Stein, Greg Hogan, Pollyanna Lord, Alexander Pizale (Securities & Mining), Paul Carenza (Corporate Tax) and Keri Wallace (Student).