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Is AEM's Investment in Fuerte Metals a Bet on the Next Big Find?
ZACKSยท 2025-10-15 12:06
Key Takeaways AEM acquired 5M subscription receipts in Fuerte Metals for C$8.25M via a private placement.Agnico Eagle will hold 8.12% of Fuerte's shares non-diluted and 11.65% on a partially diluted basis.The move supports AEM's strategy of equity positions in high-potential mining opportunities.Agnico Eagle Mines Limited (AEM) recently acquired 5 million subscription receipts issued by a fully-owned subsidiary of Fuerte Metals Corporation, through a brokered private placement, for a total consideration of ...