Agnico Eagle Mines Boosts Shareholding in Osisko Metals
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05:03 AM EST, 12/17/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) said late Tuesday it acquired 26 million common shares of Osisko Metals through a nonbrokered private placement at 0.48 Canadian dollars ($0.35) apiece for about CA$12.5 million.Following the private placement, Agnico owns about 67.2 million common shares and 20.6 million warrants of Osisko, representing roughly 9.85% of the company's issued and outstanding common shares on a non-diluted basis, up from 6.71% previously, it said. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
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