Riverside Resources Inc. and Blue Jay Gold Corp. announced the completion of the spin-out of Riverside’s Canadian projects and operations into Blue Jay pursuant to a court ordered plan of arrangement under the Business Corporation Act (British Columbia). Blue Jay became a new reporting issuer client as a result of the transaction and intends to list its common shares on the TSX Venture Exchange in H2 2025.

Fasken acted for Riverside with a team led by Patrick Sullivan (M&A), and included Sukhvir Gill (Securities and M&A), Martin Ferreira Pinho (M&A), Chris Ross (Tax), Andre Aradei, and Will Oxtoby (Summer Students).