Agnico Eagle Sells Entire Stake in Royal Road Minerals for C$5.5 Million
Agnico Eagle Mines Limited has sold its entire stake of 47,944,981 shares in Royal Road Minerals for C$5.5 million, at a price of C$0.115 per share, through the Toronto Stock Exchange. Previously, Agnico Eagle held about 18% of Royal Road's shares. The company stated the sale was to monetize its investment and does not plan to acquire more securities of Royal Road.
Agnico Eagle Mines Limited announced that it has sold its entire stake of 47,944,981 ordinary shares in Royal Road Minerals Limited through the Toronto Stock Exchange at a price of C$0.115 per share, for total proceeds of C$5,513,673. Prior to the sale, Agnico Eagle held approximately 18% of Royal Road’s issued and outstanding ordinary shares. Following this transaction, Agnico Eagle no longer holds any shares in Royal Road. The company stated that the sale was conducted to monetize its investment and it does not currently intend to acquire further securities of Royal Road. 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: TO84859) on September 29, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
