Christopher J. Cummings

Paul, Weiss is advising Allied Gold Corporation, a Canadian-based gold producer, in its all-cash acquisition by Hong Kong-based Zijin Gold International Company Limited for an equity value of approximately $4 billion (C$5.5 billion). The deal is expected to close by late April, subject to customary closing conditions. The Paul, Weiss team is led by corporate partners Adam Givertz and Christian Kurtz, and includes partner Christopher Cummings and counsel Jack Sun; antitrust partner Annie Herdman and counsel John Magruder; and litigation partners Roberto Gonzalez and Nathan Mitchell.

Jan 26

1 min

Paul, Weiss advised the underwriters, led by BMO Capital Markets, on NovaGold Resources Inc.’s $310 million private offering of common shares. NovaGold is engaged in the acquisition and development of mineral properties. The offering included 31 million common shares priced at $10.00 per share. The Paul, Weiss team included corporate partner Christopher Cummings.

Feb 5

1 min

Paul, Weiss advised the underwriters in North American gold development company Osisko Development Corp.’s public offering of 40.6 million common shares, representing gross proceeds to Osisko of $144 million. The transaction involved a syndicate of underwriters led by National Bank Financial Inc., RBC Dominion Securities Inc. and Cantor Fitzgerald Canada Corporation. Montreal-based Osisko is focused on past-producing mining camps that could become productive again on a regional scale and are located in mining-friendly jurisdictions. The Paul, Weiss team included corporate partner Christopher Cummings; tax partner Matthew Jordan; and environmental counsel William O’Brien.

Feb 3

1 min

Paul, Weiss is advising D-Wave Quantum Inc., a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, in its $550 million cash-and-stock acquisition of Quantum Circuits Inc., a leading developer of error-corrected superconducting gate-model quantum computing systems. The transaction secures D-Wave's position as the only company capable of addressing the full quantum computing opportunity with industry-leading gate-model and annealing quantum computing technology. The purchase price will consist of $300 million in D-Wave common stock and $250 million in cash. The deal is expected to close this month, pending customary closing conditions. The Paul, Weiss team is led by corporate partners Stan Richards, Adam Givertz and Christian Kurtz, and includes partners Christopher Cummings, Peter McCormack and Steven Kaye; intellectual property partners Jonathan Ashtor and Brianna van Kan; executive compensation partners Christopher Gonnella and Matthew Friestedt; tax partners Sohail Itani and Brian Krause; antitrust partners Marta Kelly and Yuni Sobel, and counsel Todd Hahn and John Magruder; and litigation partner Pietro Signoracci.

Jan 7

1 min

Paul, Weiss advised the underwriters, led by BMO Capital Markets, on International Tower Hill Mines Ltd.’s $75 million follow-on public offering. International Tower Hill Mines is engaged in the acquisition and development of mineral properties. The offering included 33.7 million shares of common stock priced at $2.22 per share. The Paul, Weiss team included corporate partner Christopher Cummings and counsel Stephen Centa; tax partner Matthew Jordan; and environmental partner Stefanie Gitler.

Jan 27

1 min