Cascadia Minerals Secures Major Exploration Alliance And Equity Investment Agreement With Agnico

Agnico Eagle to invest in Cascadia Minerals

Agnico Eagle Mines has committed to an investment of C$5.02m ($3.6m) in Cascadia Minerals and is planning to purchase 19.31 million units at C$0.26 ($0.18) per unit through a non-brokered private placement.The post Agnico Eagle to invest in Cascadia Minerals appeared first on Mining Technology.

Cascadia Minerals up 22% on Agnico-Eagle financing news – Resource World Magazine

Agnico-Eagle Mines Ltd. (AEM-TSX, AEM-NYSE) has announced a financing and strategic alliance with Yukon-focused Cascadia Minerals Ltd. [CAM-TSXV], a move that sent Cascadia shares up 22% in early trading Monday. Agnico has agreed to purchase 19.3 million units of Cascadia for 26 cents per unit or a total of $5.02 million under a non-brokered private placement. Each unit consists of one common share and one half of one common share purchase warran

Cascadia Minerals Secures Major Exploration Alliance And Equity Investment Agreement With Agnico

Agnico Eagle Mines (TSX: AEM) is making a significant bet on the Yukon’s untapped copper and gold potential, signing a sweeping strategic alliance with junior explorer Cascadia Minerals (TSXV: CAM). The deal, announced Monday, positions the Canadian gold giant as a dominant partner in Cascadia’s exploration efforts across the Stikine Terrane. Under the terms of […]