TransactionsLake Shore Gold to Acquire Fenn-Gib Project from Barrick Gold in Exchange for Common SharesPublished: 05/30/2011 By Brian P. Dominique, Jay Goldman, Jason R. Sernoskie, Ann Watterworth Lake Shore Gold Corp. has agreed to acquire the Fenn-Gib and Guibord Main properties from Barrick Gold Corporation. The Fenn-Gib Project is located approximately 60 kilometres east of Timmins along the east extension of the DPFZ and Pipestone Fault Zone near a major dilatent zone. The acquisition provides Lake Shore Gold with significant new mining and exploration opportunities, including the potential to establish a large-tonnage, open-pit mining operation in support of its continued rapid growth following the development of its core Timmins assets. Cassels Brock represented Lake Shore Gold with a team consisting of Ann Watterworth (Business), Brian Dominique (Business, Mining and Energy & Utilites), Jay Goldman (Securities and Mining), Jason Sernoskie (Business) and Jason MacIntosh (Securities and Mining). |