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.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Canadian Copper Secures $8 Million Lead Order From Ocean Partners As Part Of Larger Funding Round

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Related News

Agnico Q2 Earnings: Record Free Cash Flow Puts Them In Net Cash Position

There’s two names out there vying for the top spot in terms of market cap...

Sunday, August 17, 2025, 11:37:00 AM

O3 Mining Reports 4.7 g/t Gold Over 3.8 Metres At Marban

O3 Mining Inc. (TSXV: OIII) this morning provided an update on its ongoing drill program...

Thursday, July 8, 2021, 08:06:54 AM

Falcon Gold: Hunting In The Shadows Of Headframes

Its well known in the mining world that the best place to find a mine...

Wednesday, May 27, 2020, 11:00:00 AM

Canada Nickel Raises $34 Million From Flow Through Financing, Clearing Up Questions Over Agnico Eagle Stake

Canada Nickel Company (TSXV: CNC) provided clarity this morning to Friday’s announcement by Agnico Eagle...

Tuesday, January 2, 2024, 08:00:52 AM

Agnico Eagle Q3 2024 Results: Record Cash Flow Amid Rising Costs

Agnico Eagle Mines Limited (TSX: AEM) reported its third-quarter 2024 results, achieving gold production of...

Wednesday, October 30, 2024, 08:03:00 PM