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Home/News Feed/Agnico Eagle invests C$57M in Radisson Mining, gaining 10.45% stake and strategic rights.
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Agnico Eagle invests C$57M in Radisson Mining, gaining 10.45% stake and strategic rights.

Company Fundamentals
24 Aug 2026
PRNewsWire
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Bullish
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Agnico Eagle Mines Limited agreed to acquire 53.42 million units of Radisson Mining Resources for C$57.16 million in a private placement, gaining about 10.45% ownership. Each unit includes one common share and half a warrant, allowing further share acquisition at C$1.39 within five years. The deal, pending TSX Venture Exchange approval, is expected to close around September 2, 2026. Agnico Eagle will gain investor rights, including board nomination options and rights to maintain or increase its stake, aligning with its strategy to invest in promising mining opportunities.

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Agnico Eagle invests C$57M in Radisson to fund advanced exploration at O'Brien Gold Project.

Agnico Eagle invests C$57M in Radisson to fund advanced exploration at O'Brien Gold Project.

Radisson Mining Resources secured C$57.16 million from Agnico Eagle Mines, which now owns about 10.45% of Radisson, to fund an advanced underground exploration program at the O'Brien Gold Project in Quebec. This funding will support developing underg...

Company Fundamentals
Bullish
6 hours ago
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