Agnico Eagle Agrees to Invest in Foran Mining (Private Placement, Two Tranches)
May 14, 2025
Agnico Eagle Mines Limited has agreed to subscribe for 30,000,000 voting common shares of Foran Mining Corporation in a non-brokered private placement for total consideration of C$90 million. The private placement is expected to close in two tranches, with the first tranche targeted around May 28, 2025 and the second tranche following shareholder approval of Foran.
- Buyers
- Agnico Eagle Mines Limited
- Targets
- Foran Mining Corporation, Azimut Exploration Inc.
- Industry
- Professional Services
- Location
- British Columbia, Canada
- Transaction Type
- Growth capital
Explore More
Related Acquisitions
-
Eldorado Gold to Acquire Foran Mining in C$3.8 Billion Share-and-Cash Deal
February 5, 2026
Manufacturing
Eldorado Gold has agreed to acquire Foran Mining in a C$3.8 billion share-and-cash transaction to create a gold and copper producer. The combined company is expected to remain headquartered in Vancouver, British Columbia, and target commercial production from two fully financed development projects by mid-2026.
-
Agnico Eagle Agrees to Subscribe for Units in Cartier Resources Inc Private Placement
March 20, 2025
Energy
Agnico Eagle Mines Limited agreed to subscribe for 20,770,000 units of Cartier Resources Inc. in a non-brokered private placement for total consideration of C$2,700,100. Each unit includes one Cartier common share and one warrant exercisable for another common share at C$0.18 for five years, with closing expected on or about April 10, 2025.
-
Agnico Eagle Invests in Maple Gold Mines Ltd.
February 17, 2026
Energy
Agnico Eagle Mines Limited purchased 662,780 common shares of Maple Gold Mines Ltd. at C$2.45 per share for total consideration of C$1,623,811, increasing its stake in Maple to approximately 12.98% on a non-diluted basis. The investment was made from several sellers who participated in a flow-through offering and is part of Agnico Eagle's strategy to acquire strategic positions in prospective exploration opportunities.
-
Agnico Eagle Mines Acquires TMAC Resources
January 5, 2021
Energy
Agnico Eagle Mines Limited agreed to acquire all outstanding common shares of TMAC Resources Inc. for C$2.20 per share, in a deal valuing the company at approximately C$286.6 million. The transaction, structured as a Plan of Arrangement, transfers control of TMAC’s Hope Bay gold assets to Agnico Eagle and includes the retirement of TMAC’s outstanding debt, with closing subject to customary regulatory and court approvals.
-
Alamos Gold Acquires Orford Mining
January 15, 2024
Industrial Services
Alamos Gold Inc. agreed to acquire all issued and outstanding shares of Orford Mining Corporation by way of a court-approved plan of arrangement, consolidating Alamos' existing ~27.5% stake and adding the Qiqavik Gold Project and other Quebec exploration assets to its pipeline. The transaction values the remaining Orford shares at approximately C$16 million in Alamos common shares and gives Alamos 100% ownership of Orford's gold and critical-mineral projects, including Qiqavik, West Raglan interests, the Joutel Properties and Nunavik Lithium.
-
Agnico Eagle Mines Completes Acquisition of O3 Mining
March 18, 2025
Industrial Services
Agnico Eagle Mines Limited acquired 100% of the outstanding shares of O3 Mining through an amalgamation completed on March 18, 2025. Under the previously announced all-cash offer, O3 Mining shareholders other than Agnico Eagle received $1.67 CAD per common share, with Agnico Eagle taking up 94.1% of shares earlier and extending the offer expiry to February 3, 2025.
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.