Agnico Eagle Mines (AEM) Invests C$8.25 Million in Fuerte Metals

Agnico Eagle Mines Limited (NYSE:AEM) is one of the 11 Best Gold Stocks to Buy According to Hedge Funds. On October 9, Agnico Eagle Mines Limited (NYSE:AEM) reported that it acquired 5 million subscription receipts from a subsidiary of Fuerte Metals Corporation at a price of C$1.65 per receipt. The total cost of this investment was C$8.25 million. According to the report by Agnico Eagle Mines Limited (NYSE:AEM), the subscription receipts will automatically turn into units that include one common share and ...