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AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN OSISKO METALS INCORPORATED
Agnico Eagle raised its stake in Osisko Metals to nearly 10% through a C$12.5 million private placement, securing rights to influence future financings and board nominations.
- Agnico Eagle Mines Limited announced it acquired 26,000,000 Osisko common shares at C$0.48 per share for C$416 in Toronto in a private placement.
- Agnico Eagle said the purchase fits its strategic-investment approach by aligning with its practice of taking equity in high-potential projects and amending the investor rights agreement to grant participation and one and two board nominations.
- Before the placement Agnico Eagle Mines Limited held 41,210,000 Common Shares and 20,605,000 Common Share purchase warrants, increasing to 67,210,000 Common Shares post-deal with 9.85% non-diluted ownership.
- Regulatory filings and potential further transactions are expected as Agnico Eagle Mines Limited will file an early warning report and may acquire or dispose of Osisko securities depending on market conditions.
- The release, prepared as at December 16, 2025, includes forward‑looking statements subject to business uncertainties, and Agnico Eagle Mines Limited cautioned against undue reliance on these projections.
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AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN OSISKO METALS INCORPORATED
Agnico Eagle Mines boosts stake in Osisko Metals with $12.5M private placement
Agnico Eagle Mines (TSX:AEM) invests C$12.48M in Osisko Metals (TSX:OM), acquiring 26M common shares at $0.48 per share through a private placement Ownership stake rises to 9.85 per cent (non-diluted) and 12.49 per cent (partially diluted), strengthening Agnico Eagle’s ownership position in Osisko Amended investor rights agreement grants Agnico Eagle participation rights in future financings and potential board nomination rights upon meeting own…
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Leaning Left4Leaning Right3Center16Last UpdatedBias Distribution70% Center
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70% Center
L 17%
C 70%
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