Agnico Eagle agrees to C$57.16 million Radisson Mining unit subscription for 10.45% stake

Reuters2026/08/24 10:31

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Agnico Eagle agreed to invest C$ 57.16 million in Radisson via a private placement of 53,420,000 units priced at C$ 1.07.
Deal implies a 6% premium to the Aug. 21 close, a 19% premium to the 20-day VWAP.
Agnico Eagle to hold about 10.45% of shares outstanding, rising to about 14.9% on a partially diluted basis.
Each unit includes one common share, one-half warrant; warrants exercisable for 60 months at C$ 1.39.
Proceeds earmarked for an advanced underground exploration program at the O’Brien Gold Project in Québec’s Abitibi region.

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. Radisson Mining Resources Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608240630NEWSFILECNPR____20260824_310988_1) on August 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 C$57.16 million Radisson Mining unit subscription for 10.45% stake

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