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Agnico Eagle Mines to Acquire O3 Mining for $184.4 Million
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Agnico Eagle Mines to Acquire O3 Mining for $184.4 Million
Jan 24, 2025 4:46 AM

07:18 AM EST, 01/24/2025 (MT Newswires) -- Agnico Eagle Mines ( AEM ) has agreed to acquire 110.4 million shares representing 94.1% of outstanding shares of O3 Mining for $1.67 in cash per share for a total of $184.4 million, the companies said Friday.

Agnico Eagle will pay for the shares by Tuesday, the companies said.

Agnico Eagle has extended the expiration of the offer until Feb. 3 to allow remaining O3 Mining shareholders to tender their shares.

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