US EditionGold Miner Agnico Eagle Sold 11.3 per Cent Stake in Orla Mining
Agnico Eagle Mines Ltd. sold 38 million shares of Orla Mining Ltd. to monetize its investment, ending its 11.3% ownership with no plans to reacquire shares, CEO said.
- On September 9, 2025, Agnico Eagle Mines Ltd. sold its entire 11.3% stake in Orla Mining through the Toronto Stock Exchange for C$560.5 million.
- Agnico Eagle made this sale to monetize its early-stage investment in Orla, recognizing Orla's growth into a mid-tier gold producer and favorable gold market conditions.
- Founded in 2017, Orla Mining began as a small exploration company and has since developed into a mid-tier gold producer, benefiting from the technical support and financial backing of Agnico Eagle.
- Agnico Eagle sold 38,002,589 common shares at C$14.75 each to buyers in Canada, the US, and elsewhere, with CEO Ammar Al-Joundi saying the investment was mutually beneficial for both companies.
- This transaction helps Orla expand its pool of investors and improve liquidity, while Agnico Eagle does not intend to make additional investments in Orla and will focus its capital on other strategic objectives.
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Gold miner Agnico Eagle sold 11.3 per cent stake in Orla Mining
TORONTO — Agnico Eagle Mines Ltd. says it has sold its 11.3 per cent stake in Orla Mining. The gold miner says it sold the shares to buyers in Canada, the United States and elsewhere for a price of $14.75 per share for a total of $560.5 million. Agnico Eagle was an early stage investor […]
Breaking News, Sports, Manitoba, Canada
Agnico Eagle Mines sells interest in Orla Mining for $405m
Agnico Eagle Mines has announced the disposition of its entire stake in Orla Mining, amounting to 38,002,589 common shares, for C$14.75 ($10.67) per share, with total proceeds reaching C$560.5m ($405m).The post Agnico Eagle Mines sells interest in Orla Mining for $405m appeared first on Mining Technology.
Agnico-Eagle sells entire stake in Orla Mining for $560.5 million – Resource World Magazine
Agnico-Eagle Mines Ltd. (AEM-TSX, AEM-NYSE) has announced the disposition of its 11.3% interest in Orla Mining Ltd. [OLA-TSX]. Agnico said it sold 38 million common shares of Orla to buyers in Canada, the United States and elsewhere for $14.75 per share for a total consideration of $560.5 million. After giving effect to the disposition, Agnico will not have any interest in Orla. “Our investment in Orla has been mutually beneficial for both compa…
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