Business

AGNICO EAGLE ANNOUNCES DISPOSITION OF ITS INTEREST IN ROYAL ROAD MINERALS LIMITED

AGNICO EAGLE ANNOUNCES DISPOSITION OF ITS INTEREST IN ROYAL ROAD MINERALS LIMITED Canad...

articleAgnico Eagle Mines LimitedSeptember 29, 20253/company/agnico-eagle-mines-limited/news/agnico-eagle-announces-disposition-of-its-interest-in-royal-road-minerals-limited
AGNICO EAGLE ANNOUNCES DISPOSITION OF ITS INTEREST IN ROYAL ROAD MINERALS LIMITED

About this update from Agnico Eagle Mines Limited

[{"type":"text","content":"\n\n\n\n AGNICO EAGLE ANNOUNCES DISPOSITION OF ITS INTEREST IN ROYAL ROAD MINERALS LIMITED\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n\n\n\n\n\n\n\n Stock Symbol: AEM (NYSE and TSX)\n \n\n\n\n\n TORONTO\n \n\n ,\n \n\n Sept. 29, 2025\n \n\n /CNW/ -\n \n Agnico Eagle Mines Limited\n \n (NYSE: AEM) (TSX: AEM) (\"Agnico Eagle\" or the \"Company\") announced today that it sold 47,944,981 ordinary shares (\"Ordinary Shares\") of Royal Road Minerals Limited (\"Royal Road\") through the facilities of the Toronto Stock Exchange at a price of\n \n C$0\n \n .115 per Ordinary Share for total consideration of\n \n C$5,513,673\n \n (the \"Disposition\").\n \n\n Immediately prior to the Disposition, Agnico Eagle had beneficial ownership of, or control or direction over, 47,944,981 Ordinary Shares, representing approximately 18% of the issued and outstanding Ordinary Shares on a non-diluted basis. After giving effect to the Disposition, Agnico Eagle does not have beneficial ownership of, or control or direction over, any Ordinary Shares.\n \n\n Agnico Eagle focuses on its high-quality internal growth projects and complements its pipeline of projects with a strategy of acquiring strategic positions in prospective opportunities with high geological potential. Agnico Eagle reviews its investments against its strategic priorities on a periodic basis and may, from time to time, divest certain holdings. Agnico Eagle completed the Disposition in order to monetize its investment in Royal Road and does not currently have any intention to acquire Ordinary Shares or other securities of Royal Road.\n \n\n An early warning report will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:\n \n\n Agnico Eagle Mines Limited\n \n c/o Investor Relations\n \n 145\n \n King Street East\n \n , Suite 400\n \n\n Toronto, Ontario\n \n M5C 2Y7\n \n Telephone: 416-947-1212\n \n Email:\n \n [email protected]\n \n\n\n Agnico Eagle is a senior gold mining company organiz...

More updates from Agnico Eagle Mines Limited