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 about C$190 million and a secondary sale by existing shareholders raising about C$195 million. Agnico Eagle Mines Limited has also committed to a private placement of 8.7 million shares at the IPO price, investing approximately $60 million. The shares will begin trading on the Toronto Stock Exchange on July 24, 2026, under the symbol "CADY." This capital raise supports Cadillac Mines' growth along the Cadillac-Larder Lake Break and its exploration projects in Ontario and Québec.
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...
Samuel Smith, an experienced analyst, expresses strong confidence in real assets, noting they are undervalued compared to high-growth tech stocks which appear overvalued. He believes quality real asset investments will increase significantly over tim...
Agnico Eagle Mines is currently undervalued at 0.83x NAV, trading below its historical multiples despite strong financial performance and transformative acquisitions. The company consolidated 2,500 sq km in the Central Lapland Greenstone Belt, replic...
