Agnico Eagle sells Delta, Helm Bay projects to Vizsla Copper for C$32.04 million in shares
AEM•Milestones and closing details
Delta milestones could add C$20 million tied to a resource estimate, feasibility study, and commercial production; payable in cash or shares.
Closing is expected in Q4 2026, subject to TSXV approval. Agnico Eagle would hold about 19.99% at closing.
Agnico Eagle agrees to sell Delta and Helm Bay interests
Agnico Eagle agreed to sell the Delta project interests and the Helm Bay gold project assets to Vizsla Copper.
Consideration totals 25,426,773 Vizsla Copper shares valued at C$32.04 million, issued at C$1.26 each.
The deal also includes 3,041,480 warrants at C$1.95, a 2% NSR on Delta, and a 3% NSR on Helm Bay.
