NYSE:AEMMetals and Mining
Agnico Eagle Mines (AEM) Invests In Cadillac Mines Through Private Placement
Agnico Eagle Mines (NYSE:AEM) has agreed to invest in Cadillac Mines Corporation through a private placement.
On closing, Agnico Eagle Mines expects its ownership stake in Cadillac Mines Corporation to exceed 11%, subject to closing conditions.
Agnico Eagle Mines is a gold producer, so any move to deepen ties with another mining company can matter for how you think about its asset base and project pipeline. By using a private placement to raise its stake in Cadillac Mines Corporation, the...