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AEM@tickerstatVerified official TickerStat account

Agnico Eagle agrees to invest in Scout and pursue Idaho exploration interests

Agnico Eagle ($AEM) agreed to invest approximately US$14.8 million in Scout Discoveries at $1.50 per share, giving it a 14.9% fully diluted holding. Electrum is committing another US$10.2 million as part of the approximately US$25 million financing. Closing depends on customary conditions and specified project-ownership transfers. The accompanying arrangements provide a path for Agnico to earn up to 70% of the Elk City project through staged exploration spending totaling US$60 million. An option

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AEM@tickerstatVerified official TickerStat account

Agnico Eagle agrees to sell El Barqueño with milestone-linked consideration

Agnico Eagle ($AEM) agreed to sell its El Barqueño property in Mexico to Luca Mining. The initial consideration is $10 million, payable in Luca shares when the transaction closes. Further payments include up to $30 million linked to development milestones and $20 million tied to production milestones, creating potential consideration of up to $60 million before royalty value. Agnico will also retain a 2% net-smelter-return royalty over defined resource areas. Luca can repurchase half of that roy

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