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CCCA_V4No1_Col-DealDevelop-FIN.qxd:CCCA_V1No2_Col-News-V1.qxd 2/3/10 1:55 PM Page 42 AND Castle Harlan and CHAMP Private Equity Details: Castle Harlan, Inc., the New York-based private equity firm, and its Australian affiliate, CHAMP Private Equity, completed the sale of United Malt Holdings (UMH). Castle Harlan and CHAMP sold the company to GrainCorp Ltd. (GNC:AX). The purchase price was $655 million (A$757 million). Date: Closed November 13, 2009. On the Deal: For Castle Harlan and CHAMP Private Equity: John MacNeil and William Osler (corporate finance), Adam Kalbfleisch (com- petition), Susan Seller (employee benefits), and J. Scott Bodie (tax), Bennett Jones LLP. Gleichen Resources Ltd. Details: Gleichen Resources Ltd. completed its acquisition of 78.8% of the Morelos Gold Project from Teck Resources Limited through the acquisition of Oroteck Mexico S.A. de C.V. from Teck subsidiaries, Teck Metals Ltd. and Teck Exploration Ltd., for a purchase price of $150 million (U.S.), 1,560,857 common shares and 12,443,218 special warrants. Date: Closed November 17, 2009. On the Deal: For Gleichen: Jay Goldman (securities and mining), Cathy Mercer, Andrea FitzGerald and Angela Chu, Cassels Brock & Blackwell LLP; Macquarie Capital Markets Canada Ltd., Jones, Gable & Company Limited and Primary Capital Inc. acted as advisers to Gleichen. For Teck Resources Limited: in-house by Peter Rozee, Senior Vice-President, Commercial Affairs; Carl De Vuono, J.R. Beaudrie and Hellen Siwanowicz, Lang Michener LLP. Great Basin Gold Details: Great Basin Gold Ltd. announced that it had closed the previously announced cross-border bought deal offering of senior unse- cured 8% convertible debentures. The underwriters exercised their over-allotment option, resulting in aggregate gross proceeds of $126.5 million. Date: Closed November 19, 2009. On the Deal: For Great Basin Gold: Bernhard Zinkhofer, Barbara Collins and Michael Taylor, Lang Michener LLP. For the underwriters: RBC Capital Markets, BMO Capital Markets, Raymond James Ltd. and Thomas Weisel Partners Canada Inc.; Lata Casciano, Georald Ingborg, Andrey Schmidt, Amanda MacAdams, Caroline Clapham, Andrew Jackson and Ronald Nobrega, Fasken Martineau DuMoulin LLP. Sun Life Capital Trust II Details: Sun Life Capital Trust II, a trust established by Sun Life Assurance Company of Canada, completed a $500 mil- lion public offering of 5.863% Sun Life ExchangEable Capital Securities – Series 2009-1 (SLEECS). The SLEECS qualify as regulatory capital for Sun Life. The SLEECS were offered by a syndicate of underwriters co-led by Scotia Capital Inc. and RBC Dominion Securities Inc. Date: Closed November 20, 2009. On the Deal: For Sun Life: in house by Alec Svoboda, Assistant Vice-President & Senior Counsel; Phil Mohtadi, Blair Keefe, Matthew Atkey, Catherine De Giusti (corporate/securities), and Kathy Moore and John Unger (tax), Torys LLP. For the underwriters: Barry Ryan, Ian Michael, Wendi Locke and Leslie Milroy (corporate/securities), and Gabrielle Richards and Mario Abrioux (tax), McCarthy Tétrault LLP. Alec Svoboda, Sun Life Assurance Company Manulife Financial Corporation Details: Manulife Financial Corporation completed an offering of common shares raising a total of $2.500 billion. The common shares were offered through a syndicate of underwriters by way of a “bought deal” led by Scotia Capital Inc. and RBC Capital Markets Inc. Date: Closed November 30, 2009. On the Deal: For Manulife Financial Corporation: in-house by J-P. Bisnaire, Senior Executive Vice President, Business Development and General Counsel, and David Kerr, Assistant Vice President, Senior Counsel & Assistant Corporate Secretary; Sharon Geraghty, David Seville and Jon Reay (securities), Blair Keefe (insurance regulatory), and Jim Welkoff and Catrina Card (tax), Torys LLP. For the underwriters: Barry Ryan, Andrew Parker and Matthew Appleby (business law), and Jerald Wortsman and J-P Bisnaire, Manulife Financial Gabrielle Richards (tax), McCarthy Tétrault LLP. Compiled by Gina Fusco. If you would like to see your company’s deals listed in a future edition of Deals & Developments, send the details to gina.fusco@rogers.com. 42 CCCA Canadian Corporate Counsel Association SPRING 2010