Page ContentCapstone acquires Far West Mining and forms strategic partnership with Korea Resources Corporation to develop the Santo Domingo projectDate Closed: 6/17/2011Value: C$710 million Capstone Mining Corp. (Capstone) acquired all of the issued and outstanding common shares of Far West Mining Ltd. (Far West) pursuant to a statutory plan of arrangement, effective June 17, 2011. The aggregate value of the consideration paid for Far West by Capstone at the announcement date was approximately C$710 million. Far West is now held through a newly-formed subsidiary of Capstone, owned 70% by Capstone and 30% by Korea Resources Corporation (KORES). Concurrent with the completion of the Arrangement, KORES acquired a 30% interest in the entity that owns the Santo Domingo project for cash consideration of approximately C$195 million to Capstone, and subscribed for approximately 40.2 million common shares of Capstone, representing an approximate 11% interest in Capstone, for aggregate cash consideration of approximately C$175 million. Fred R. Pletcher and Shantela Blaeser of BLG acted as counsel to the Special Committee of the board of directors of Far West.