Skip to Main Content
February 1, 2022

Holland & Hart Represents Osisko Development Corp. in Agreements to Acquire Tintic Consolidated Metals

Acquisition Includes Trixie Mine, one of the highest-grade gold mines in the world

Holland & Hart, as US legal advisor, represented Osisko Development Corp. (Osisko Development), a premier gold development company in North America, in its definitive agreements with IG Tintic LLC and Ruby Hollow LLC to acquire 100% of Tintic Consolidated Metals LLC (Tintic) for aggregate payments totaling approximately $177 million at closing.

Upon the closing of the transactions contemplated under the agreements, Osisko Development will acquire 100% ownership of the producing Trixie Mine, in addition to mining claims covering more than 17,000 acres in Central Utah’s historic Tintic Mining District. Tintic’s recent discovery of an ultra-high-grade structure positions Trixie as one of the highest-grade gold mines in the world. The acquisition also supports Osisko Development’s path towards becoming a leading intermediate gold producer.

For more information, please see Osisko’s press release.

The Holland & Hart mining transactional team was led by Energy and Resources partners Angela Franklin and Billi McCullough, and included Bret Huffaker, Jennifer Huntsman, Karol Kahalley, Rocío Portela-Berríos, Steve Vuyovich, Jody Williams, and John Wilson.

Holland & Hart’s specialized, multidisciplinary Mining Team has a deep understanding of the business, regulatory, and environmental challenges facing mining industry stakeholders as they continue adapting into the future.


Unless you are a current client of Holland & Hart LLP, please do not send any confidential information by email. If you are not a current client and send an email to an individual at Holland & Hart LLP, you acknowledge that we have no obligation to maintain the confidentiality of any information you submit to us, unless we have already agreed to represent you or we later agree to do so. Thus, we may represent a party adverse to you, even if the information you submit to us could be used against you in a matter, and even if you submitted it in a good faith effort to retain us.