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

PUBT·07/24/2026 12:03:26
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Agnico Eagle agrees to subscribe for 8,696,000 Cadillac Mines shares for C$60 million in private placement
  • Agnico Eagle agreed to subscribe for 8,696,000 Cadillac Mines common shares at C$ 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.