Agnico Eagle closes its previously announced acquisition of Rupert Resources
Posted Jun 16, 2026 07:42:26 PM.
Last Updated Jun 16, 2026 07:43:07 PM.
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)
The Canadian Press
