Our Ottawa and Québec City offices, with support from the Toronto, Montreal, Calgary and Amsterdam offices, advised Export Development Canada and Canada Infrastructure Bank as lenders of a development bridge financing facility for Torngat Metals Ltd.’s Strange Lake rare earth minerals mining project in Northern Québec and Labrador. The transaction will support Torngat’s plan to advance the Strange Lake project towards project financing, contributing to Canada’s position as a source of critical rare earth elements.
 
This transaction is one of several our Ottawa office has assisted with in support of Canada’s critical minerals production and infrastructure.

Learn more about the announcement here and here.