Agnico Eagle unit Avenir Minerals buys 666,667 Canada Nickel units for C$1 million in private placement
AEM•Avenir Minerals increases Canada Nickel stake
Agnico Eagle unit Avenir Minerals bought 666,667 Canada Nickel units at C$1.5 each in a private placement.
Total consideration was C$1 million. Each unit includes one share, plus one-half warrant exercisable at C$2.25 for 36 months.
The stake shifted to 22,467,926 shares, or 8.68% on a non-diluted basis, from 21,801,259 shares, or 8.91%.
Partially diluted ownership moved to 11.52% from 11.78%, reflecting concurrent Canada Nickel security issuances.
