Agnico Eagle Mines Limited Acquires O3 Mining Inc.

March 18, 2025

Agnico Eagle Mines Limited completed a full acquisition of O3 Mining Inc. after a board-supported all-cash takeover bid of $1.67 per share (representing a 58% premium), initially taking up ~94.1% of outstanding shares and later completing an amalgamation to acquire 100% of O3 Mining. The acquisition is intended to integrate O3 Mining's Marban Alliance project adjacent to Agnico Eagle's Canadian Malartic land package and to advance the project's development under Agnico Eagle's operational and financial capacity.

Buyers
Agnico Eagle Mines Limited
Targets
O3 Mining Inc.
Industry
Energy
Location
Ontario, Canada
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.