Origin Merchant Partners is pleased to announce that it provided a Fairness Opinion to the Special Committee of Teck Resources (“Teck”) with respect to the proposed agreement to amend its 54 year old dual class share structure, and sunset its multi-voting shares in 6 years.
Teck is one of Canada’s leading mining companies with operations and projects in Canada, the United States, Chile and Peru. Teck has recently proposed a spin-off of its steelmaking coal assets, and Origin has also provided a fairness opinion on that transaction. Following the spin-off, and subject to its approval, Teck will continue as Teck Metals, which will become a world-class growth-oriented producer of energy transition metals.
Origin Senior Leads: Charles Pennock, Jim Osler, Jim Meloche.
