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.
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As the founder of The Deep Dive, Jay is focused on all aspects of the firm. This includes operations, as well as acting as the primary writer for The Deep Dive’s stock analysis. In addition to The Deep Dive, Jay performs freelance writing for a number of firms and has been published on Stockhouse.com and CannaInvestor Magazine among others.
