Agnico Eagle agrees to subscribe for 8,696,000 Cadillac Mines shares for C$60 million in private placement - AEM News | RalliesAgnico Eagle agrees to subscribe for 8,696,000 Cadillac Mines shares for C$60 million in private placement
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AEM• Private placement terms
- Agnico Eagle agreed to subscribe for 8,696,000 Cadillac Mines common shares at C$6.9 each, totaling C$60 million.
- The deal was signed July 23, 2026 and closing is expected around Aug. 5, 2026, subject to Cadillac’s IPO closing.
- Agnico Eagle’s stake is 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.
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