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Agnico Eagle Mines Says it Raised Rupert Resources Stake to 14%
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Agnico Eagle Mines Says it Raised Rupert Resources Stake to 14%
Apr 1, 2025 7:38 AM

10:19 AM EDT, 04/01/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) said Tuesday it acquired 2.6 million shares of Rupert Resources in a private placement, bringing its ownership to 14% from 13.3% on a non-diluted basis.

The company said it paid 4.50 Canadian dollars ($3.12) per share, for a total of CA$11.7 million.

Agnico Eagle also said it has nominated Carol Plummer, an executive vice president at the company, for election to Rupert's board.

Price: 108.83, Change: +0.42, Percent Change: +0.38

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