Agnico Eagle closes its previously announced acquisition of Rupert Resources
Advertisement
Read this article for free:
or
Already have an account? Log in here »
To continue reading, please subscribe:
Digital Subscription
One year of digital access for only $205*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*First annual payment billed as $205.00 + GST for one year. This annual subscription will automatically renew at $233.00 + GST every 52 weeks (10% off the regular annual price of $259.35). Offer available to new and qualified returning subscribers only. Cancel any time.
To continue reading, please subscribe:
Add Free Press access to your Brandon Sun subscription for only an additional
$1 for the first 4 weeks*
- Enjoy unlimited reading on winnipegfreepress.com
- Read the E-Edition, our digital replica newspaper
- Access News Break, our award-winning app
- Play interactive puzzles
*Your next Brandon Sun subscription payment will increase by $1.00 and you will be charged $17.95 plus GST for four weeks. After four weeks, your payment will increase to $24.95 plus GST every four weeks.
Read unlimited articles for free today:
or
Already have an account? Log in here »
TORONTO – Agnico Eagle Mines Ltd. has announced the completion of its deal to buy Rupert Resources Ltd.
The deal with Rupert Resources was originally announced in April, with the companies saying at the time it was worth about $2.9 billion in upfront payments, plus potential for more.
Under the agreement, shares of Rupert Resources were exchanged for 0.0401 common shares of Agnico Eagle and contingent consideration of up to $3 per share if certain targets are achieved.
As a result of the completion of the transaction, Rupert Resources’ shares are expected to be delisted from the Toronto Stock Exchange.
In April, Agnico Eagle Mines announced a trio of deals to consolidate a group of properties in northern Finland.
At the time, the Toronto-based gold miner announced it would acquire Rupert Resources, Aurion Resources Ltd. and B2Gold Corp.’s 70 per cent stake in the Fingold Ventures Ltd. joint venture it owns with Aurion.
This report by The Canadian Press was first published June 16, 2026.
Companies in this story: (TSX: AEM, TSX: RUP, TSX: BTO, TSXV: AU, TSX: ABX)