Agnico Eagle Concludes Acquisition of 15% Interest in OnGold Resources
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Agnico Eagle Mines Limited (AEM) has completed the acquisition of a 15% interest in OnGold Resources, owning 8.7 million shares of the company.
December 24, 2024 | 2:00 pm
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Agnico Eagle Mines Limited has completed the acquisition of a 15% interest in OnGold Resources, which could enhance its strategic position in the mining sector.
The acquisition of a 15% stake in OnGold Resources by Agnico Eagle Mines is a strategic move that could enhance its market position and growth prospects in the mining sector. This acquisition is likely to be viewed positively by investors, potentially leading to a short-term increase in AEM's stock price.
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