Agnico Eagle (AEM) Bumps Up Stake in Maple Gold Mines to 19.9%
Agnico Eagle(AEM) ZACKS·2024-06-25 16:40
Agnico Eagle Mines Limited (AEM) acquired 33,821,842 Maple Gold Mines Ltd. (MGM) common shares for 8.5 cents per share, totaling approximately C$2.87 million. Shares were purchased from several sellers who had acquired them through a flow-through Common Shares offering by Maple.Before this acquisition, Agnico Eagle owned 40,852,415 common shares, representing nearly 11.97% of Maple's issued and outstanding shares on a non-diluted basis. Following the share purchase, Agnico Eagle's ownership increased to 74, ...