Agnico Eagle Mines Limited has agreed to acquire 8,696,000 common shares of Cadillac Mines at C$6.90 each, totaling about C$60 million. This private placement will increase Agnico Eagle's ownership in Cadillac from 9.7% to approximately 11.1% after Cadillac's upcoming IPO, expected to close around August 5, 2026. The acquisition aligns with Agnico Eagle's strategy to invest in high-potential mining opportunities. Post-IPO, Agnico Eagle will enter a lock-up agreement restricting share sales for 180 days, but may adjust its holdings based on market conditions and strategic priorities.
Cadillac Mines Corporation announced the pricing and upsizing of its initial public offering (IPO) to approximately CA$385 million, selling 47.1 million common shares at CA$6.90 each and 6.3 million special accretive shares at CA$9.52 each. The incre...
Cadillac Mines Corporation has priced and upsized its initial public offering to $385 million, selling 47.1 million common shares at $6.90 each and 6.3 million special flow-through shares at $9.52 each. The offering includes a treasury sale raising a...
