Agnico Eagle ups interest in Wallbridge Mining to nearly 20 per cent

Bloomberg

05/20

TORONTO — Agnico Eagle Mines Ltd. has signed a deal to increase its stake in Wallbridge Mining Co. Ltd. to nearly 20 per cent.Under the agreement, Agnico Eagle is paying $22.4 million or 9.2 cents per...

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Ltd. to nearly 20 per cent.Under the agreement, Agnico Eagle is paying $22.4 million or 9.2 cents per...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/2026/05/20/agnico-eagle-ups-interest-in-wallbridge-mining-to-nearly-20-per-cent/\">网页链接</a>\n\n</div>\n","source":"bnn_bloomberg_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Agnico Eagle ups interest in Wallbridge Mining to nearly 20 per cent</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAgnico Eagle ups interest in Wallbridge Mining to nearly 20 per cent\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-05-20 23:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bnnbloomberg.ca/business/2026/05/20/agnico-eagle-ups-interest-in-wallbridge-mining-to-nearly-20-per-cent/><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TORONTO — Agnico Eagle Mines Ltd. has signed a deal to increase its stake in Wallbridge Mining Co. Ltd. to nearly 20 per cent.Under the agreement, Agnico Eagle is paying $22.4 million or 9.2 cents per...</p>\n\n<a href=\"https://www.bnnbloomberg.ca/business/2026/05/20/agnico-eagle-ups-interest-in-wallbridge-mining-to-nearly-20-per-cent/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EGBN","symbol_name":"伊格尔合众银行","start_time":0,"source_url":"https://www.bnnbloomberg.ca/business/2026/05/20/agnico-eagle-ups-interest-in-wallbridge-mining-to-nearly-20-per-cent/","article_id":"2637829188","we_media_id":null,"thumbnails":["https://www.bnnbloomberg.ca/resizer/v2/YGLBQFOJZ664PFKZVMRNQ4GR44.jpg?smart=true&auth=d3d0a7ca63a8ee143b0d5893cbfb07e958fad3a7b5aa1fc937b2013a372e1a84&width=500&height=333"],"rights":{"source":"bnn_bloomberg_highlight","url":"https://www.bnnbloomberg.ca/business/2026/05/20/agnico-eagle-ups-interest-in-wallbridge-mining-to-nearly-20-per-cent/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2637829188","pubTimestamp":1779289860,"columns":[],"sourceInfo":{"source_id":"bnn_bloomberg_highlight","name":"Bloomberg"},"weMediaInfo":null,"summary":"Agnico Eagle Mines Ltd. has signed a deal to increase its stake in Wallbridge Mining Co. Ltd. to nearly 20 per cent.","collect":0,"end_time":0,"defaultTopTitle":"bnnbloomberg.ca","property":[],"viewcount":null,"language":"en","relate_stocks":{"EGBN":"伊格尔合众银行","BK4211":"区域性银行"},"translate_title":"Agnico Eagle将对Wallbridge Mining的兴趣提高至近20%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"EGBN":1.5},"content_text":"TORONTO — Agnico Eagle Mines Ltd. has signed a deal to increase its stake in Wallbridge Mining Co. Ltd. to nearly 20 per cent.Under the agreement, Agnico Eagle is paying $22.4 million or 9.2 cents per Wallbridge share for a total of about 244 million shares.The investment increases its stake in the junior company, which is developing several projects in Quebec’s Abitibi region, to 19.9 per cent on a partially diluted basis, up from 9.9 per cent.The deal comes as alternative investment manager Waratah Capital Advisors Ltd. has also agreed to invest $33.5 million or 9.2 cents per share for about 364 million Wallbridge shares or a 19.9 per cent stake.Wallbridge says the investments will provide the money it requires to advance its Fenelon project in Quebec through infill drilling and a pre-feasibility study, which it expects to deliver in late 2027 or early 2028.The junior company also says it will ask its shareholders later this year to authorize a 20-for-one share consolidation and a name change to Sunday Lake Gold.This report by The Canadian Press was first published May 20, 2026.Read more:Agnico Eagle to go ahead with Hope Bay gold mine project in NunavutAgnico Eagle adding to Finland holdings with trio of deals worth $3.8 billion","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}