BCE/GLENTEL -- summary under Shares for Shares or Cash
Overview
BCE will acquire GLENTEL under a CBCA Plan of Arrangement for cash or shares, at the GLENTEL shareholder's option, but with the overall consideration fixed at $295.4 million cash and BCE shares equal to 0.4974 of a BCE common share multiplied by 50% of the outstanding GLENTEL common shares. Both a s. 85.1 rollover (for those receiving only shares) and a s. 85 rollover (for those receiving a mixture) is available.
Bellatrix/Angle -- summary under Shares for Shares or Cash
Overview
Vector/20-20 -- summary under Shares for Shares or Cash
Cash purchase
Proposed Quebec plan of arrangement under which holders of shares of TSX-listed 20-20 (valued at $75 million), other than Mignault Holding Inc. ("Mignault"), would receive $4 per share in cash (for an estimated 28% premium). Vector Capital Corporation is a private equity firm.
Provision for break fee of $3 million on specified 20-20 termination. Vector is to pay $4.5 million to 20-20 if there is a specified financing failure.
AuRico/Alamos/AuRico Metals -- summary under Shares for Shares and Nominal Cash
Overview
Tahoe/Rio Alto -- summary under Shares for Shares and Nominal Cash
Overview
Goldcorp/Probe -- summary under Shares for Shares and Nominal Cash
Overview
Agnico Eagle/Cayden -- summary under Shares for Shares and Nominal Cash
Overview
Each Cayden (common) share will be transferred to Agnico under a B.C. Plan of Arrangement for 0.09 of an Agnico Eagle common share and cash of $0.01 (so that no rollover treatment obtains unless a s. 85 election is filed). The Agnico Eagle shares to be issued would represent 2.2% of its outstanding common shares on a fully diluted basis. No subsequent amalgamation of Cayden is specified, and no Code s. 368(a) reorg treatment is anticipated.
Primero/Brigus -- summary under Shares for Shares and Nominal Cash
Overview
Brigus will be spinning-off a newly-established exploration CBCA subsidiary (Fortune) (per the s. 86 rules) under a CBCA Plans of Arrangement, with each Brigus share then being transferred to Primero for 0.175 of a Primero common share and cash of $0.000001 (so that no rollover treatment obtains unless a s. 85 election is filed). Brigus then will be amalgamated with a newly-incorporated CBCA subsidiary of Primero (Primero NewCo) with nominal assets. Code s. 368(a) reorg treatment is anticipated.
Fission/Alpha -- summary under Shares for Shares and Nominal Cash
Overview
Alpha and Fission (both TSXV-listed, and ABCA and CBCA corporations, respectively) will be transferring various (mostly uranium) exploration assets to Alpha Spinco and Fission Spinco and spinning-them off (per the s. 86 rules) under ABCA and CBCA Plans of Arrangement (the Alpha Arrangement and Fission Arrangement), with each Alpha share then being transferred to Fission under the Alpha Arrangement for 5.725 Fission common shares and nominal cash (so that no rollover treatment obtains unless a s. 85 election is filed).