Bluestone Resources to Be Acquired by Aura Minerals

Paul, Weiss is advising Canadian-based precious metals exploration and development company Bluestone Resources Inc. in its sale to Aura Minerals Inc. Under the terms of the deal, Aura will acquire all issued and outstanding common shares of Bluestone through a plan of arrangement under the Business Corporations Act (British Columbia). The transaction is expected to close in January 2025, subject to customary closing conditions and regulatory approvals.

The Paul, Weiss team is led by corporate partner Christopher Cummings and includes tax partner Matthew Jordan.