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Inventory Image: AEM (NYSE and TSX)
Agnico Eagle Mines Restricted (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) introduced in the present day that it has acquired 26,000,000 frequent shares (the “Frequent Shares”) of Osisko Metals Integrated (“Osisko”) pursuant to a non-brokered non-public placement at a value of C$0.48 per Frequent Share for complete consideration of C$12,480,000 (the “Personal Placement”).
Agnico Eagle acquired the Frequent Shares as a part of its technique of buying strategic positions in potential alternatives with excessive geological potential. Agnico Eagle continues to give attention to its portfolio of high-quality inside development tasks, and enhances its pipeline of tasks with its follow of strategic fairness investments in tasks with excessive geological potential.
Previous to the Personal Placement, Agnico Eagle owned 41,210,000 Frequent Shares and 20,605,000 Frequent Share buy warrants of Osisko (the “Warrants”), representing roughly 6.71% of the issued and excellent Frequent Shares on a non-diluted foundation and roughly 9.73% of the issued and excellent Frequent Shares on a partially-diluted foundation (assuming train of the Warrants). Following the Personal Placement, Agnico Eagle owns 67,210,000 Frequent Shares and 20,605,000 Warrants, representing roughly 9.85% of the issued and excellent Frequent Shares on a non-diluted foundation and roughly 12.49% of the Frequent Shares on a partially-diluted foundation (assuming train of the Warrants), in every case after giving impact to all different safety issuances accomplished by Osisko concurrently with the Personal Placement.
In reference to its preliminary funding in Osisko, Agnico Eagle and Osisko entered into an investor rights settlement. On closing of the Personal Placement, Agnico Eagle and Osisko entered into an amended and restated investor rights settlement, pursuant to which Agnico Eagle is entitled to sure rights (topic to sustaining or reaching, as relevant, sure possession thresholds), together with: (a) the proper to take part in fairness financings and top-up its holdings in relation to dilutive issuances as a way to preserve sure possession thresholds in Osisko; and (b) the proper (which Agnico Eagle has no current capability of exercising) to appoint between one and two people to the board of administrators of Osisko upon reaching sure possession thresholds and relying on the scale of the board of administrators of Osisko.
Relying on market circumstances, strategic priorities and different components, Agnico Eagle might, every now and then, purchase extra Frequent Shares or different securities of Osisko or get rid of some or all the Frequent Shares or different securities of Osisko that it owns at such time.
An early warning report shall be filed by Agnico Eagle in accordance with relevant securities legal guidelines. To acquire a duplicate of the early warning report, please contact:
Agnico Eagle Mines Restricted
c/o Investor Relations
145 King Road East, Suite 400
Toronto, Ontario M5C 2Y7
Phone: 416-947-1212
E mail: investor.relations@agnicoeagle.com
Agnico Eagle’s head workplace is situated at 145 King Road East, Suite 400, Toronto, Ontario M5C 2Y7. Osisko’s head workplace is situated at 155 College Avenue, Suite 1440, Toronto, Ontario M5H 3B7.
About Agnico Eagle
Canadian-based and led, Agnico Eagle is Canada’s largest mining firm and the second largest gold producer on the planet. It produces valuable metals from operations in Canada, Australia, Finland and Mexico and has a pipeline of high-quality exploration and improvement tasks. Agnico Eagle is a companion of alternative throughout the mining trade, acknowledged globally for its main sustainability practices. Agnico Eagle was based in 1957 and has persistently created worth for its shareholders, declaring a money dividend yearly since 1983.
Ahead-Wanting Statements
The data on this information launch has been ready as at December 16, 2025. Sure statements on this information launch, referred to herein as “forward-looking statements”, represent “forward-looking statements” throughout the which means of the USA Personal Securities Litigation Reform Act of 1995 and “forward-looking info” below the provisions of Canadian provincial securities legal guidelines. These statements might be recognized by means of phrases resembling “might”, “will” or comparable phrases.
Ahead-looking statements on this information launch embrace, with out limitation, statements referring to Agnico Eagle’s acquisition or disposition of securities of Osisko sooner or later.
Ahead-looking statements are essentially primarily based upon plenty of components and assumptions that, whereas thought of affordable by Agnico Eagle as of the date of such statements, are inherently topic to important enterprise, financial and aggressive uncertainties and contingencies. Many components, recognized and unknown, might trigger precise outcomes to be materially completely different from these expressed or implied by such forward-looking statements. Readers are cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of the date made. Aside from as required by regulation, Agnico Eagle doesn’t intend, and doesn’t assume any obligation, to replace these forward-looking statements.
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SOURCE Agnico Eagle Mines Restricted
View unique content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/December2025/16/c1084.html
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