Agnico Eagle Acquires O3 Mining

As the gold market continues to heat up, we’ve got more consolidation on the table folks.

The latest transaction will see Agnico Eagle (TSX: AEM) acquire O3 Mining (TSXV: OIII) in a deal that will further consolidate the Val d’Or region of Quebec. And in a rarity for junior mining investors, shareholders are set to receive cash rather than shares under terms of the deal.

This is always a huge plus for the mining world, because what tends to happen, is that these deals set off capital flows into other mining names.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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