Agnico Eagle invests C$57.16 million in Radisson Mining private placement units

Reuters2026/08/24 11:02

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Agnico Eagle agreed to buy 53,420,000 Radisson units in a non-brokered private placement for C$ 57.16 million at C$ 1.07 each.
Each unit includes one Class A common share, one-half common share purchase warrant exercisable at C$ 1.39 for 60 months.
Closing expected around Sept. 2, 2026, subject to TSX Venture Exchange approval.
Post-close stake seen at about 10.45% on a non-diluted basis, rising to about 14.9% on a partially diluted basis.
Investor rights agreement to grant board nomination rights, participation rights up to 14.9%, restrictions on certain property transactions through Dec. 31, 2028.

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: 202608240700PR_NEWS_USPR_____TO31884) 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 invests C$57.16 million in Radisson Mining private placement units

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