Attached files
file | filename |
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8-K - 8-K - Thompson Creek Metals Co Inc. | a12-11095_148k.htm |
EX-5.6 - EX-5.6 - Thompson Creek Metals Co Inc. | a12-11095_14ex5d6.htm |
EX-5.4 - EX-5.4 - Thompson Creek Metals Co Inc. | a12-11095_14ex5d4.htm |
EX-5.5 - EX-5.5 - Thompson Creek Metals Co Inc. | a12-11095_14ex5d5.htm |
EX-5.2 - EX-5.2 - Thompson Creek Metals Co Inc. | a12-11095_14ex5d2.htm |
EX-4.5 - EX-4.5 - Thompson Creek Metals Co Inc. | a12-11095_14ex4d5.htm |
EX-1.1 - EX-1.1 - Thompson Creek Metals Co Inc. | a12-11095_14ex1d1.htm |
EX-4.4 - EX-4.4 - Thompson Creek Metals Co Inc. | a12-11095_14ex4d4.htm |
EX-4.1 - EX-4.1 - Thompson Creek Metals Co Inc. | a12-11095_14ex4d1.htm |
EX-4.2 - EX-4.2 - Thompson Creek Metals Co Inc. | a12-11095_14ex4d2.htm |
EX-5.3 - EX-5.3 - Thompson Creek Metals Co Inc. | a12-11095_14ex5d3.htm |
EX-1.2 - EX-1.2 - Thompson Creek Metals Co Inc. | a12-11095_14ex1d2.htm |
EX-4.3 - EX-4.3 - Thompson Creek Metals Co Inc. | a12-11095_14ex4d3.htm |
EX-10.1 - EX-10.1 - Thompson Creek Metals Co Inc. | a12-11095_14ex10d1.htm |
Exhibit 5.1
|
Client: 92916-00007 |
May 11, 2012
Thompson Creek Metals Company Inc.
26 West Dry Creek Circle, Suite 810
Littleton CO
80120 USA
Re: Thompson Creek Metals Company Inc.
Registration Statement on Form S-3 (File No. 333-170232)
Dear Sirs:
We have acted as special counsel to Thompson Creek Metals Company Inc., a corporation organized under the laws of British Columbia, Canada (the Company) in connection with the preparation and filing with the Securities and Exchange Commission (the Commission) of an Amendment No. 1 to the Companys Registration Statement on Form S-3 (File No. 333-170232) (the Registration Statement) under the Securities Act of 1933, as amended (the Securities Act), the prospectus included therein, the prospectus supplement, dated May 7, 2012, filed with the Commission on May 8, 2012 pursuant to Rule 424(b) of the Securities Act (the Prospectus Supplement), and the offering by the Company pursuant thereto of 8,800,000 Tangible Equity Units (the tMEDS), with each tMEDS consisting of a prepaid stock purchase contract (the Stock Purchase Contract) and a senior amortizing note issued by the Company (the Senior Amortizing Note).
The Senior Amortizing Notes are being issued pursuant to the Indenture dated as of May 11, 2012 (the Base Indenture), between the Company and Wells Fargo Bank, National Association, as U.S. trustee (the U.S. Trustee), as supplemented by a third supplemental indenture thereto, dated May 11, 2012, relating to the Senior Amortizing Notes (the Third Supplemental Indenture and together with the Base Indenture, the Indenture) between the Company, the U.S. Trustee and Valiant Trust Company, as Canadian co-trustee (the Co-Trustee and, together with the U.S. Trustee, the Trustees).
The Stock Purchase Contracts are being issued pursuant to a Purchase Contract Agreement between the Company, Wells Fargo Bank, National Association, in its capacity as U.S. Trustee under the Indenture, Valiant Trust Company, in its capacity as Co-Trustee under the Indenture, and Wells Fargo Bank, National Association in its capacity as purchase contract agent and attorney-in-fact for the holders of Stock Purchase Contracts (the Purchase Contract Agreement).
In arriving at the opinions expressed below, we have examined originals, or copies certified or otherwise identified to our satisfaction as being true and complete copies of the originals, of the Base Indenture, the Third Supplemental Indenture, the Stock Purchase Contracts, the Senior Amortizing Notes and such other documents, corporate records, certificates of officers of the Company and of public officials and other instruments as we have deemed necessary or advisable to enable us to render these opinions. In our examination, we have assumed, without independent investigation, the genuineness of all signatures, the legal capacity and competency of all natural persons, the authenticity of all documents submitted to us as originals and the conformity to original documents of all documents submitted to us as copies. As to any facts material to these opinions, we have relied to the extent we deemed appropriate and without independent investigation upon statements and representations of officers and other representatives of the Company and others.
We are not admitted or qualified to practice law in the Province of British Colombia, Canada. Therefore, we have relied upon the opinion of Goodmans LLP, with respect to matters governed by the laws of British Colombia, Canada.
Based upon the foregoing, and subject to the assumptions, exceptions, qualifications and limitations set forth herein, we are of the opinion that:
1. The tMEDS are legal, valid and binding obligations of the Company, enforceable against the Company in accordance with its terms.
2. The Senior Amortizing Notes are legal, valid and binding obligations of the Company, enforceable against the Company in accordance with its terms.
3. The Stock Purchase Contracts are legal, valid and binding obligations of the Company, enforceable against the Company in accordance with its terms.
The opinions expressed above are subject to the following additional exceptions, qualifications, limitations and assumptions:
A. We render no opinion herein as to matters involving the laws of any jurisdiction other than the State of New York and to the extent relevant for our opinions herein, the New York Business Corporation Law. This opinion is limited to the effect of the current state of the laws of the State of New York and the New York Business Corporation Law and the facts as they currently exist. We assume no obligation to revise or supplement this opinion in the event of future changes in such laws or the interpretations thereof or such facts.
B. The opinions above are subject to (i) the effect of any bankruptcy, insolvency, reorganization, moratorium, arrangement or similar laws affecting the rights and
remedies of creditors generally, including without limitation the effect of statutory or other laws regarding fraudulent transfers or preferential transfers, and (ii) general principles of equity, including without limitation concepts of materiality, reasonableness, good faith and fair dealing and the possible unavailability of specific performance, injunctive relief or other equitable remedies regardless of whether enforceability is considered in a proceeding in equity or at law.
C. We express no opinion regarding the effectiveness of (i) any waiver of stay, extension or usury laws or of unknown future rights, (ii) provisions relating to indemnification, exculpation or contribution, to the extent such provisions may be held unenforceable as contrary to public policy or federal or state securities laws, (iii) any purported fraudulent transfer savings clause, (iv) any provision waiving the right to object to venue in any court; (v) any agreement to submit to the jurisdiction of any Federal court; or (vi) any waiver of the right to jury trial.
We consent to the filing of this opinion as an exhibit to the Registration Statement, and we further consent to the use of our name under the caption Validity of the Securities in the Registration Statement and the Prospectus Supplement. In giving these consents, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the rules and regulations of the Commission promulgated thereunder.
Very truly yours,
/s/ Gibson, Dunn & Crutcher, LLP