Supreme Court of Yukon

Turquoise Hill Announces Receipt of Final Order for Arrangement with Rio Tinto

Retrieved on: 
Wednesday, December 14, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced that the Supreme Court of Yukon (the Court) has granted the final order (the Final Order) in connection with the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon), pursuant to which Rio Tinto International Holdings Limited (Rio Tinto) will acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own (the Minority Shares) for C$43.00 per share in cash (the Arrangement).

Key Points: 
  • Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced that the Supreme Court of Yukon (the Court) has granted the final order (the Final Order) in connection with the previously announced statutory plan of arrangement under section 195 of the Business Corporations Act (Yukon), pursuant to which Rio Tinto International Holdings Limited (Rio Tinto) will acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own (the Minority Shares) for C$43.00 per share in cash (the Arrangement).
  • The Arrangement is expected to be completed on or about December 16, 2022, subject to the delivery by the parties of customary closing deliverables.
  • Following completion of the Arrangement, Turquoise Hill intends to apply to have its common shares delisted from the Toronto Stock Exchange and the New York Stock Exchange and to cease to be a reporting issuer under Canadian securities laws.
  • These include, but are not limited to, statements regarding the Arrangement, including the anticipated date of closing of the Arrangement.

Turquoise Hill Acknowledges Announcement by Rio Tinto of Agreements with Certain Minority Shareholders of Turquoise Hill

Retrieved on: 
Wednesday, November 2, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) acknowledges the announcement today by Rio Tinto International Holdings Limited (Rio Tinto) of agreements (the Agreements) entered into between Rio Tinto, Rio Tinto plc and certain shareholders of the Company related to Pentwater Capital Management LP and SailingStone Capital Partners LLC (collectively, the Named Shareholders) holding in aggregate 32,617,578 common shares of the Company.

Key Points: 
  • Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) acknowledges the announcement today by Rio Tinto International Holdings Limited (Rio Tinto) of agreements (the Agreements) entered into between Rio Tinto, Rio Tinto plc and certain shareholders of the Company related to Pentwater Capital Management LP and SailingStone Capital Partners LLC (collectively, the Named Shareholders) holding in aggregate 32,617,578 common shares of the Company.
  • The Special Committee suggested to Rio Tinto that it offer comparable dissent proceedings as those offered to the Named Shareholders in the Agreements to all holders of Minority Shares (the Minority Shareholders).
  • Rio Tinto advised that it was not making the terms of the Agreements available to all Minority Shareholders.
  • The Special Committee recognizes that as a result of Rio Tintos entry into the Agreements Minority Shareholders may require additional time to consider this new information.

Turquoise Hill Announces Postponement of the Special Meeting regarding Proposed Arrangement with Rio Tinto to November 8, 2022

Retrieved on: 
Tuesday, November 1, 2022

The terms of the Arrangement and the arrangement agreement between the Company, Rio Tinto and Rio Tinto plc dated September 5, 2022 are further described in the Circular and associated form of proxy and letter of transmittal (collectively, the Meeting Materials).

Key Points: 
  • The terms of the Arrangement and the arrangement agreement between the Company, Rio Tinto and Rio Tinto plc dated September 5, 2022 are further described in the Circular and associated form of proxy and letter of transmittal (collectively, the Meeting Materials).
  • The Meeting Materials are filed and available under Turquoise Hills profiles on SEDAR at www.sedar.com and on EDGAR at www.sec.gov .
  • At the Special Meeting, Turquoise Hill shareholders will be asked to consider, and if deemed advisable, to pass the Arrangement Resolution.
  • These include, but are not limited to, statements regarding the Arrangement, including the anticipated timing of the Special Meeting.

Turquoise Hill Announces extension of the proxy deadline for the Special Meeting to 6:00 p.m. (Eastern time) October 31, 2022

Retrieved on: 
Monday, October 31, 2022

The record date for determining the shareholders eligible to vote at the Special Meeting will remain unchanged as the close of business on September 19, 2022 (the Record Date).

Key Points: 
  • The record date for determining the shareholders eligible to vote at the Special Meeting will remain unchanged as the close of business on September 19, 2022 (the Record Date).
  • Any registered shareholders who wish to exercise a right of dissent can also do so up until 6:00 p.m. (Eastern time) on October 31, 2022.
  • The Meeting Materials are filed and available under Turquoise Hills profiles on SEDAR at www.sedar.com and on EDGAR at www.sec.gov .
  • Details of the Special Meeting and how registered shareholders or their duly appointed proxyholders can attend, access and participate in the Special Meeting are set out in the Circular.

Turquoise Hill Announces Receipt of Interim Order for Proposed Arrangement with Rio Tinto and Provides Details of Shareholders’ Meeting

Retrieved on: 
Thursday, September 29, 2022

The Interim Order authorizes the calling and holding of a special meeting (the Special Meeting) of the Companys shareholders, the granting of dissent rights to registered shareholders and other matters relating to the conduct of the Special Meeting.

Key Points: 
  • The Interim Order authorizes the calling and holding of a special meeting (the Special Meeting) of the Companys shareholders, the granting of dissent rights to registered shareholders and other matters relating to the conduct of the Special Meeting.
  • The Interim Order authorizes and orders that the Special Meeting be held on Tuesday, November 1, 2022 at 10:30 a.m. (Montreal time) in person and in virtual format.
  • Details of the Special Meeting and how shareholders or their duly appointed proxyholders can attend, access and participate in the Special Meeting are set out in the Circular.
  • These include, but are not limited to, statements regarding the Arrangement, including the anticipated timing of the Special Meeting.

Minister of Justice and Attorney General of Canada announces a judicial appointment in Yukon

Retrieved on: 
Thursday, November 19, 2020

OTTAWA, ON, Nov. 19, 2020 /CNW/ -The Honourable David Lametti, Minister of Justice and Attorney General of Canada, today announced the following appointment under the judicial application process established in 2016.

Key Points: 
  • OTTAWA, ON, Nov. 19, 2020 /CNW/ -The Honourable David Lametti, Minister of Justice and Attorney General of Canada, today announced the following appointment under the judicial application process established in 2016.
  • Karen Wenckebach, Legal Counsel at the Government of Yukon in Whitehorse, is appointed a Judge of the Supreme Court of Yukon.
  • Madam Justice Wenckebach replaces Madam Justice S. Duncan, who was appointed Chief Justice of the Supreme Court of Yukon effective September 30, 2020.
  • Federal judicial appointments are made by the Governor General, acting on the advice of the federal Cabinet and recommendations from the Minister of Justice.

Prime Minister announces appointment of new Chief Justice of the Supreme Court of Yukon

Retrieved on: 
Thursday, October 1, 2020

OTTAWA, ON, Oct. 1, 2020 /CNW/ - The Prime Minister, Justin Trudeau, today announced the appointment of the Honourable Suzanne Duncan, a Judge of the Supreme Court of Yukon, as the new Chief Justice of the Supreme Court of Yukon.

Key Points: 
  • OTTAWA, ON, Oct. 1, 2020 /CNW/ - The Prime Minister, Justin Trudeau, today announced the appointment of the Honourable Suzanne Duncan, a Judge of the Supreme Court of Yukon, as the new Chief Justice of the Supreme Court of Yukon.
  • Chief Justice Duncan replaces the Honourable Ronald S. Veale, who retired on July 25, 2020, after 20 years of distinguished service as a judge.
  • "I want to thank the outgoing Chief Justice, the Honourable Ronald S. Veale for his service and dedication to the people of Yukon.
  • Chief Justices and Associate Chief Justices are appointed by the Governor General on the advice of Cabinet and the recommendation of the Prime Minister.

Minister Wilson-Raybould Appoints Deputy Judges to the Territories

Retrieved on: 
Thursday, December 20, 2018

It allows the superior courts in the Territories to draw upon the talents and expertise of a roster of experienced judges.

Key Points: 
  • It allows the superior courts in the Territories to draw upon the talents and expertise of a roster of experienced judges.
  • Sitting, supernumerary, and retired superior court judges, as well as lawyers with more than ten years of experience, can be appointed Deputy Judges of the Supreme Court of the Northwest Territories, the Supreme Court of Yukon, and the Nunavut Court of Justice.
  • Deputy Judges are called upon to preside over matters in accordance with the needs of the courts.
  • The Minister of Justice identifies candidates for appointment as Deputy Judges in consultation with the Chief Justices of the three Northern courts and with the Chief Justices of the candidates' "home" courts.

Prime Minister formally recognizes territorial senior judges as Chief Justices

Retrieved on: 
Tuesday, August 28, 2018

OTTAWA, Aug. 28, 2018 /CNW/ - The Prime Minister, Justin Trudeau, today announced that senior judges in the territories will be formally recognized as Chief Justices, effective October 1, 2018.

Key Points: 
  • OTTAWA, Aug. 28, 2018 /CNW/ - The Prime Minister, Justin Trudeau, today announced that senior judges in the territories will be formally recognized as Chief Justices, effective October 1, 2018.
  • The following senior judges will assume the title of Chief Justice:
    The Honourable Justice Ronald S. Veale, who has served as Senior Judge of the Supreme Court of Yukon since 2003.
  • "Territorial senior judges have always fulfilled the same duties to the court and to Canadians as their provincial chief justice counterparts.
  • Starting October 1, territorial senior judges will be properly recognized as Chief Justices.