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Ogilvy Renault Represents Hochschild Mining plc in $64.6 Million Deal

CLIENT

Hochschild Mining plc

DATE

February 22, 2008

Ogilvy Renault acted as counsel to Hochschild Mining plc ("Hochschild") in connection with its $64.6 million strategic investment in Lake Shore Gold Corp. ("Lake Shore") completed February 22, 2008, for a 19.9% equity interest. The deal included rights to increase to a 40% fully diluted equity interest.

Hochschild, a South American based LSE listed company, is an underground precious metals producer operating in the Americas with a primary focus on silver and gold. Lake Shore is a gold exploration company, listed on the TSX, with interests in exploration and development projects in the Abitibi belt of the Timmins region of Ontario.  

Click here to read the official Hochschild Mining plc news release.

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