Lavery is pleased to advise Newmont Corporation in one of Canada's largest mining transactions, valued at US$795 million. Completion of this transaction is scheduled for the first quarter of 2025. Our mining law team is acting as Quebec Legal counsel to Newmont Corporation in connection with the sale of the Éléonore gold mine, located in the Eeyou Istchee Baie-James territory region of northern Quebec, to Dhilmar, a private mining company based in the United Kingdom. This sale is part of Newmont Corporation's strategy to refocus its portfolio of mining assets.As part of the transaction, our team reviewed and analyzed all assets associated with the Éléonore gold mine. This included mining titles such as mining leases, as well as the transfer and evaluation of government and environmental permits, to ensure compliance with mining laws and regulations. The Lavery team was led by our Business Law partner, Sébastien Vézina, with support from Valérie Belle-Isle, Carole Gélinas, Éric Gélinas, Jean-Paul Timothée, William Bolduc, Joseph Gualdieri, Radia Amina Djouhaer, Charlotte Dangoisse, Salim Ben Abdessalem, Annie Groleau, Joëlle Montpetit and Nadine Giguère. About NewmontNewmont is the world's leading gold company and a producer of copper, zinc, lead, and silver. The corporation's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in Africa, Australia, Latin America & Caribbean, North America, and Papua New Guinea. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social, and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution, and technical expertise. Founded in 1921, the Company has been publicly traded since 1925. About LaveryLavery is the leading independent law firm in Québec. Its more than 200 professionals, based in Montréal, Québec City, Sherbrooke and Trois-Rivières, work every day to offer a full range of legal services to organizations doing business in Québec. Recognized by the most prestigious legal directories, Lavery professionals are at the heart of what is happening in the business world and are actively involved in their communities. The firm's expertise is frequently sought after by numerous national and international partners to provide support in cases under Québec jurisdiction.

Lavery is pleased to announce the return of Carole Gélinas as a partner. Carole, who practiced law at Lavery from 2012 to 2019 on the real estate team, is returning to her roots. She has more than 30 years of experience in this field and is known for assisting corporations with mandates relating to the leasing, acquisition, sale and financing of real estate assets. She also has extensive experience in mining law. “I am delighted to be back with the Lavery family. The firm’s strength lies in its ability to offer a complete range of services, to manage major cases and to maintain a proximity to the business reality of its clients. I am pleased to once again be able to put my expertise in real estate and mining law,” says Carole Gélinas.

On June 11, construction began on Espace Montmorency, Laval's largest mixed-use real estate project, worth nearly $500 million. Lavery had the opportunity to play a key role in this major transaction by representing Groupe Sélection in the creation of the consortium for the construction, development and ownership of Espace Montmorency. The organization of such a consortium raised complex issues related to corporate, construction, real estate and labour law all at once. In addition to having been mandated to develop several important project agreements, including the consortium agreement governing the rights and obligations of Espace Montmorency's builders, the lawyers involved in the deal represented Groupe Sélection in the negotiation of the terms of all the agreements ancillary to the project. Espace Montmorency is a sustainable, mixed-use urban development project combining residential, commercial, cultural and community spaces. This human-scale project, located near Place Bell and Laval's main thoroughfares and directly linked to Montréal's subway system, is sure to become a popular destination. Montoni and the Fonds immobilier de solidarité FTQ will now rely on the recognized expertise of our client Groupe Sélection, a Canadian leader in the creation of intergenerational living environments, for the design and construction of the residential portion of the project. The work of Lavery's team, led by Étienne Brassard and composed mainly of Bernard Trang, Carole Gélinas, France Camille De Mers, André Vautour, Nicole Messier, Guy Lavoie, Élodie Brunet, Chantal Tremblay, Dolaine Béland and Joëlle Montpetit, helped launch this flagship project for Laval.

As legal advisors for the Quebec portion of the transaction, Lavery represented the affiliates of Aspen Skiing Company, LLC and KSL Capital Partners, LLC during the acquisition of Intrawest Resorts Holdings, Inc., a ski resort operator and adventure company in North America that owns Mont Tremblant Resort in Quebec. The transaction closed on July 31, 2017, for an approximate aggregate value of US$1.5 billion and created a new entity with a property portfolio of 12 four-season mountain resorts, 20,000 skiable acres, significant land available for real estate development, and Canadian Mountain Holidays, a leading heli-ski operator. The Lavery team was headed by Sébastien Vézina and François Arseneault (Corporate) and included Carole Gélinas and Mathieu Cantin (Real Estate), Audrey-Julie Dallaire and Daniel Bouchard (Environment), Zeïneb Mellouli (Labour), Eric Lavallée (Intellectual Property) and Maxime Rousseau-Turenne and Luc Thibaudeau (Litigation).