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2. Nuinsco/Ocean Partners
Nuinsco aided in restructuring of Campbell Resources
(“Campbell”), former copper/gold producer in Chiboug
Ocean Partners provided funding to Campbell in retur
offtake agreement
Campbell made improvements to Copper Rand Mine,
production from Merrill Island pit, began development
Bay Deposit, all in Chibougamau
Campbell became victim to financial crisis and low me
TSX:NWI
in 2008; subsequently entered CCAA protection
Nuinsco and Ocean Partners acquire secured debt no
to become sole secured creditors of all Campbell asse
Quebec Supreme Court affirmed 50:50 joint ownershi
Chibougamau assets to Nuinsco and Ocean Partners
Minerals created (November, 2011)
CBay implementing services contract with Nuinsco to
exploration, investor relations, finance and administra