https://www.miningweekly.com
Exploration|Gold|Resources
Exploration|Gold|Resources
exploration|gold|resources

Agnico Eagle makes further investment in Cartier

19th May 2022

By: Creamer Media Reporter

     

Font size: - +

Toronto-headquartered Agnico Eagle Mines has made a further investment of C$1.82-million in exploration company Cartier Resources, which explores in the Abitibi gold belt in Quebec.

Agnico will subscribe for 14-million units in a nonbrokered private placement at C$0.13 each. Each unit comprises of one share of Cartier and one-half of one common share purchase warrant.

Agnico Eagle currently owns 35.29-million shares, representing about 13.33% of the issued and outstanding common shares on a non-diluted basis. On closing of the private placement, Agnico Eagle will own 49.29-million shares common shares and seven-million warrants, representing about 17.70% of the issued and outstanding common shares on a non-diluted basis and 19.72% of the issued and outstanding common shares on a partially-diluted basis.

To watch Creamer Media's latest video reports, click here
 

Edited by Creamer Media Reporter

Comments

Showroom

GreaseMax
GreaseMax

GreaseMax is a chemically operated automatic lubricator.

VISIT SHOWROOM 
Universal Storage Systems (SA)
Universal Storage Systems (SA)

South African leader in Steel -Racking, -Shelving, and -Mezzanine flooring. Universal has innovated an approach which encompasses conceptualising,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/04/2024)
12th April 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.107 0.139s - 108pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: