Agnico Eagle Mines Consolidating Properties in Finland via 3 Acquisition Transactions
Idag, 13:30
Idag, 13:30
07:30 AM EDT, 04/20/2026 (MT Newswires) -- Agnico Eagle Mines (AEM) said Monday that it is acquiring Rupert Resources, Aurion Resources, and B2Gold's (BTG) 70% stake in Fingold Ventures to consolidate properties in Finland's Central Lapland Greenstone Belt.
The company said it signed a definitive deal to acquire Rupert Resources shares that it does not already own for 0.0401 of an Agnico Eagle common share and a contingent value right of up to 3 Canadian dollars ($2.19) for each Rupert Resources share.
Agnico Eagle said the aggregate upfront consideration is valued at about CA$2.87 billion ($2.10 billion) on a fully diluted basis.
Agnico Eagle also said it will acquire Aurion Resources shares that it does not already own for CA$2.60 in cash per share, or a total of CA$481 million on a fully diluted basis, while it will purchase a 70% interest in Fingold Ventures for $325 million in cash.
Agnico Eagle expects to close its acquisitions of Rupert Resources and Aurion Resources in Q3, and the Fingold Ventures stake in April.
With Aurion Resources holding the remaining 30% stake in Fingold Ventures, Agnico Eagle said it will own a 100% interest in Fingold Ventures after the B2Gold and Aurion transactions are completed.
Shares of Agnico Eagle were down more than 2% pre-bell Monday.
Idag, 13:30
07:30 AM EDT, 04/20/2026 (MT Newswires) -- Agnico Eagle Mines (AEM) said Monday that it is acquiring Rupert Resources, Aurion Resources, and B2Gold's (BTG) 70% stake in Fingold Ventures to consolidate properties in Finland's Central Lapland Greenstone Belt.
The company said it signed a definitive deal to acquire Rupert Resources shares that it does not already own for 0.0401 of an Agnico Eagle common share and a contingent value right of up to 3 Canadian dollars ($2.19) for each Rupert Resources share.
Agnico Eagle said the aggregate upfront consideration is valued at about CA$2.87 billion ($2.10 billion) on a fully diluted basis.
Agnico Eagle also said it will acquire Aurion Resources shares that it does not already own for CA$2.60 in cash per share, or a total of CA$481 million on a fully diluted basis, while it will purchase a 70% interest in Fingold Ventures for $325 million in cash.
Agnico Eagle expects to close its acquisitions of Rupert Resources and Aurion Resources in Q3, and the Fingold Ventures stake in April.
With Aurion Resources holding the remaining 30% stake in Fingold Ventures, Agnico Eagle said it will own a 100% interest in Fingold Ventures after the B2Gold and Aurion transactions are completed.
Shares of Agnico Eagle were down more than 2% pre-bell Monday.
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