Penny Yeager’s practice focuses on mining, construction and business law. Penny’s transactional experience with resource companies includes joint ventures and mergers and acquisitions. Penny also advises on marketing, port facility and land tenure matters. Penny’s practice also includes providing competition advice for companies that are merging or that require compliance advice.
- Ongoing legal adviser for one of the world’s largest potash producers, as well as numerous other companies in the natural resources sector.
- Saskatchewan counsel for the acquisition by a natural resources company of mineral dispositions for aggregate consideration of $260 million.
- Counsel for the sale of a wind power project to an international company.
- Negotiation and drafting of joint venture agreements in the uranium sector.
- Provision of advice to potash producers regarding significant amendments to Saskatchewan mineral legislation.
- Negotiation and drafting of unitization agreements—each involving a producer, the Crown and dozens of other parties—with very lengthy terms.
- Counsel to companies (including multinational companies) undertaking significant construction projects—including greenfield and expansion projects, such as port handling facilities and grain terminals.
- Counsel to numerous companies in the development of standardized procurement documents and contracts, and to companies (including international companies) bidding on procurement opportunities.
- Competition counsel to companies that are merging or that require compliance advice.
- Two examples of representative work pertaining to competition matters include:
- Acting as competition counsel for Greystone Capital Management Inc. in the company’s sale to the Toronto-Dominion Bank for a net purchase price of $792 million; and
- Acting as competition counsel for Credential Financial Inc. and CUMIS Group Limited in a merger transaction to form Aviso Wealth—one of Canada’s largest independent wealth management firms, averaging more than $55 billion in client assets under administration and management.
- Saskatchewan counsel for HudBay Minerals Inc. on a $1.5 billion investment to fund the development and construction of its Constancia copper mine in Peru.
Penny has a comprehensive understanding of Saskatchewan’s mining regime. She also assists companies by negotiating and drafting contracts for construction projects and the procurement of goods and services, in both the private and public sectors.
Her potash-related work includes negotiating land purchases and sales, storage and distribution agreements, and unitization agreements. She is also experienced in potash royalty matters, and conducting extensive due diligence examinations. Penny assists companies with surface land acquisitions and with mineral dispute resolution matters.
- Advisor to the Saskatchewan Industrial and Mining Suppliers Association (SIMSA)
- Former lecturer in Natural Resources Law, University of Saskatchewan, College of Law (2013, 2014)
- Member, Rocky Mountain Mineral Law Foundation
- Member, Women in Mining (Saskatchewan Branch)
- Editorial Committee Member, CBA BarNotes (2007-2010)
- Presentations to boards on competition compliance matters (ongoing)
- Presentation on understanding risk allocation provisions in procurement contracts (2018)
- Presentation to Saskatchewan Industrial and Mining Suppliers Association (SIMSA) on advanced procurement matters
- “The Interplay Between Oil and Gas, and Potash,” Oil and Gas Update Seminar, Law Society of Saskatchewan (2014)
- One of the Best Lawyers in Canada – Mining Law (since 2014)
- A leading practitioner, Corporate Commercial, Mining, Canadian Legal Lexpert Directory