Agnico Eagle agrees to subscribe for 8,696,000 Cadillac Mines shares for C$60 million in private placement

Reuters2026/07/24 12:03

By:Reuters

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Agnico Eagle agreed to subscribe for 8,696,000 Cadillac Mines common shares at C$ 6.9 each, totaling C$ 60 million.
Deal signed July 23, 2026; closing expected around Aug. 5, 2026, subject to Cadillac’s IPO closing.
Stake expected to rise to about 11.09% from about 9.7% on a non-diluted basis once the placement closes.
Agnico Eagle will enter a 180-day lock-up on Cadillac shares following the IPO closing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Agnico-Eagle Mines Limited published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607240800PR_NEWS_USPR_____TO11549) on July 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Agnico Eagle agrees to subscribe for 8,696,000 Cadillac Mines shares for C$60 million in private placement

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