Mining Law and Legal Agreements MINE 1012

Upon successful completion of the course, the student will be able to:

• Describe the main sources of law affecting mining at the provincial and national level.
• Explain the tenuring and permitting processes for exploration, development and mining and the role of environment assessment in permitting.
• Discuss the different legal forms of business structures, including corporations, partnerships and unincorporated joint ventures.
• Recall the fundamentals of corporate law and the role of shareholders, officers and directors in the corporation.
• Discuss the basic forms of financing and the general rules applicable to raising money in the public markets, including securities laws, prospectuses, 43-101 and the role of stock exchanges.
• Describe the components of various legal agreements including confidentiality/non-disclosure agreements, letters of intent/term sheets, option agreements, joint venture agreements and royalty agreements.
• Explain the contents of common agreements with Aboriginal groups such as capacity funding and consultation agreements, exploration agreements and benefits agreements.
• Prepare a simple option agreement or other legal agreement based on case studies described in class.

Effective as of Winter 2013