This post was originally published on this site. Agnico Eagle Mines (TSX, NYSE: AEM) is investing C$57.2 million ($41.4 million) in Radisson Mining Resources (TSXV: RDS; US-OTC: RMRDF) to help revive one of the Abitibi region’s highest grade historical mines, O’Brien. The junior’s shares soared to an all-time high. The Canadian gold major will buy 53.4 million units — one Radisson share and half of a share purchase warrant — at $1.07 each, a 6% premium to Friday’s closing price, Radisson said Monday. The investment will give Agnico a 10.5% stake on a non-diluted basis and up to 14.9% on...
August 25, 2026August 25, 2026
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