01:26 PM EDT, 03/18/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) said Tuesday it acquired O3 Mining and merged it with its Agnico Eagle Abitibi Acquisition unit.

The company said O3 Mining shareholders will receive 1.67 Canadian dollars ($1.17) per share in cash.

O3 Mining shares are expected to be delisted from the TSX Venture Exchange on Thursday.

Agnico Eagle's shares were up 0.9% in recent trading.

Price: 106.24, Change: +0.96, Percent Change: +0.91