01:24 PM EST, 01/28/2025 (MT Newswires) -- Globex Mining ( GLBXF ) on Tuesday said it accepted Agnico Eagle Mines' ( AEM ) offer to buy its 1.2-million O3 Mining ( OIIIF ) shares at $1.67 each, a 58% premium to O3's closing price on Dec. 11. Globex received $1.98 million.

Globex received the shares from the sale of 156 claims northwest of Lebel-Sur-Quevillon, Quebec in December 2023. Globex retains 2.5% Gross Metal Royalty on 104 claims and a 1% Gross Metal Royalty on 52 claims.

Globex was last seen up $0.02, to $1.48, on the Toronto Stock Exchange.

Price: 1.50, Change: +0.04, Percent Change: +2.74