Sunshine Silver Mining & Refining Corporation, to be re-named as Gatos Silver, Inc., a portfolio company of The Electrum Group, LLC and The Municipal Employees’ Retirement System (MERS) of Michigan, has filed a preliminary prospectus with the US Securities and Exchange Commission (SEC) and Canadian securities regulators for a proposed initial public offering of shares of common stock.
Gatos Silver has applied to list its common stock on the New York Stock Exchange (NYSE) and the Toronto Stock Exchange (TSX) under the symbol “GATO.”
The underwriting syndicate is being led in Canada by BMO Nesbitt Burns Inc., Goldman Sachs Canada Inc., RBC Dominion Securities Inc. and in the United States by BMO Capital Markets Corp., Goldman Sachs & Co. LLC and RBC Capital Markets, LLC.
Fasken Martineau DuMoulin LLP and Davis Polk & Wardwell LLP act as the Canadian and US counsel respectively to Gatos Silver. Stikeman Elliott LLP acts as the counsel to the Canadian underwriters, and Skadden, Arps, Slate, Meagher & Flom LLP acts as the U.S. counsel to the U.S. underwriters.
Greenwood Village, Colorado based Gatos Silver is a precious metals production, development and exploration company with the objective of becoming a premier silver producer. It is currently focused on the production and continued development of the Cerro Los Gatos Mine and the further exploration and development of the Los Gatos District Chihuahua, Mexico.
photo credit: Gatos Silver
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