Jilin Jien Nickel Industry Co., LTD (SHSE:600432) signed a term sheet to acquire RB Energy, Inc. in December 2015. Jilin Jien Nickel Industry Co., LTD (SHSE:600432) signed an asset purchase agreement to acquire RB Energy, Inc. on May 10, 2016. The purchase price will include the payment of all amounts owed to the Interim Lender, the payment of the aggregate amounts owed to the vendor, assumption of liabilities and a deposit of CAD 2 million. The transaction is subject to approval under the Investment Canada Act and the Competition Act and has been approved by court. John Keyton, Hugh A. Latimer, Peter Secker, Charles Taschereau, Mitchell Lavery and Michelle Stone of KSV Kofman Inc. acted as receiver for RB Energy. Maxime Turcotte, Maxime Charbonneau, Olivier Godbout, Julien Robitaille-Rodriguez, Jean Fontaine, Nathalie Nouvet , Stefan Fews , Josée Lefebvre , David Massé , Michael Kilby , William Wu , Myriam Fortin , Stephanie Weschler, Stephanie Pasternyk and Maxime Jacquin of Stikeman Elliott LLP acted as legal advisors to Jien International Investment Ltd. Jilin Jien Nickel Industry Co., LTD (SHSE:600432) completed the acquisition of RB Energy, Inc. on June 21, 2016.