China

Recent matters of the China practice group include advising:

• Nextview New Energy Lion Hong Kong Limited on its acquisition of Vancouver-listed company Lithium X Energy Corp. for C$265-million

• Sinopec on its acquisition of a 15-per-cent interest and subsequent joint venture with China Huadian to participate in the proposed Pacific Northwest LNG project.

• Novus Energy on its C$320-million acquisition by Yanchang Petroleum International.

• Nexen Inc. on its C$15.1-billion acquisition by CNOOC Limited.

• Greenland Group on its acquisition of a prominent downtown Toronto condominium development site at 355 King Street West for more than C$100-million.

• Yintai Resources Co. Ltd on its purchase of an interest in the White Mountain, the Tanjianshan mines and Eastern Dragon development project from Eldorado Gold Corporation.

• Johnson Electric Holdings Limited on its C$800-million acquisition of Stackpole International.

• KuangChi Science Ltd. on its subscription for 32.6 per cent of the outstanding shares (fully diluted) of Toronto-based Solar Ship Inc. for C$17-million and its acquisition of an option to acquire an additional 21.8 per cent (fully diluted) of Solar Ship for an additional C$25-million.

• Yanbu Aramco Sinopec Refining Company Limited, a joint venture between Saudi Aramco and Sinopec, on its operational requirements and ongoing corporate and commercial matters.

• Daylight Energy Ltd. on its C$2.2-billion acquisition by China Petrochemical Corporation, known as Sinopec Group.

• Sinopec International Petroleum Exploration and Production Corporation on its US$4.65‑billion purchase of ConocoPhillips’ interest in the Syncrude joint venture that is the largest oil sands venture in the world.

• Fission Uranium Corp. in connection with its C$82-million private placement to CGN Mining Company Limited (CGN Mining). Concurrent to the signing of the subscription agreement, Fission and CGN Mining also entered into an offtake agreement pursuant to which, upon completion of the transaction, CGN Mining will purchase uranium production from Fission.

• Wescast Industries Inc. on its C$200‑million acquisition by Sichuan Bohong Industries Co., Ltd. of the People’s Republic of China. The deal is the biggest acquisition by value between industrial organizations in Sino-Canadian history.

• China Minsheng Bank on its C$300-million financing related to the acquisition of Grande Cache Coal.

• China Wind Power International Corp. in connection with its listing on the TSX Venture Exchange.

• Sunward Intelligent Equipment Co. Ltd. in the purchase of shares of Calgary-based Avmax Group Inc. for approximately US$300-million

• IGM Financial Inc.’s subsidiary, Mackenzie Investments, on its acquisition of 13.9 per cent interest in China Asset Management Co., Ltd. for C$647-million

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