Cassels Brock & Blackwell LLP in Toronto and Brazilian firm Pinheiro Neto Advogados in Brasília have helped Canadian mining company Yamana Gold complete a US$42 million share offering, making its subsidiary Brio Gold a standalone company

The underwriters, CIBC World Markets, National Bank Financial, Canaccord Genuity and Cormark Securities, took counsel from Machado Meyer Advogados and are thought to have also hired Norton Rose Fulbright and Brazilian firm and Machado de Campos e Barreto Advogados, but this could not be confirmed prior to publication.

Yamana remains a shareholder in the company, holding an 85% stake. Brio is currently listed on the Toronto Stock Exchange.

The deal closed on 23 December.

Counsel to Yamana Gold

Cassels Brock & Blackwell LLP

Partners Mark Bennett, Andrea FitzGerald, Greg Hogan and Jim Morand and associates Jamie Litchen, Matt Gold, James Lyle, Stefanie Sebanc and Brittany Finn in Toronto

Pinheiro Neto Advogados

Partner Carlos Vilhena and counsel Adriano Drummond Trindade in Brasília

Counsel to CIBC World Markets, National Bank Financial, Canaccord Genuity and Cormark Securities

Machado Meyer Advogados

Partner Gustavo Rugiani and associates Paulo Estevão Miranda and Arthur Miranda in Belo Horizonte