AURION OBTAINS FINAL ORDER APPROVING PLAN OF ARRANGEMENT WITH AGNICO EAGLE MINES LIMITED

The most recent release (June 10, 2026) announces that Aurion Resources Ltd. has obtained a final order from the Supreme Court of British Columbia approving its plan of arrangement with Agnico Eagle Mines Limited. Agnico will acquire all outstanding Aurion common shares for C$2.60 per share in cash, excluding shares Agnico already owns. The transaction is expected to close on or about June 15, 2026, subject only to final TSX Venture Exchange approval and standard closing conditions.

Earlier news items trace the deal’s progression: - April 20, 2026: Definitive agreement announced (C$2.60/share, ~C$481 million total equity value, ~46% premium to the prior close). - May 8, 2026: Interim court order obtained; special meeting set for June 5. - May 15, 2026: Management information circular filed; board unanimously recommends approval; voting support agreements in place from directors/officers (~10.4%) and Adrian Day Asset Management (~5.0%). - May 29, 2026: Proxy advisors ISS and Glass Lewis recommend voting FOR. - June 5, 2026: Securityholders overwhelmingly approve the arrangement (99.94% votes in favor across all classes). - June 10, 2026: Final court order received.

Prior operational news included strong drill results from the Risti property (e.g., 4.42 g/t Au over 32.55 m, 10.93 g/t Au over 5.00 m), the termination of Kinross’s Launi East option (returning 100% ownership to Aurion), and a C$9.29 million strategic private placement in late 2025.

The final court order is a procedural milestone, not a material new development. The market has already priced in near-complete certainty of the deal closing: since the April 20 announcement, the stock has consistently traded between C$2.56 and C$2.60, mirroring the C$2.60 offer price with a vanishingly small spread. The final order removes the last meaningful legal contingency, but it was widely expected following the interim order and overwhelming securityholder approval. There is no surprise change in consideration, no competing bid, and no indication of regulatory obstacles. For a risk-averse investor, this news confirms that the promised exit liquidity is virtually assured, but it does not alter the investment thesis; the stock’s upside is capped at C$2.60.

Consequently, the rating is Routine – Positive. It is positive because it edges the transaction closer to completion, but routine because the outcome was already foreshadowed and priced in.

Aurion Resources Ltd. is an exploration-stage gold company focused on northern Finland’s Central Lapland Greenstone Belt. Its flagship asset is the 100%-owned Risti property, a district-scale land package hosting multiple high-grade gold prospects: Aamurusko (789.06 g/t Au over 2.90 m), Kaaresselkä/Vanha (4.42 g/t Au over 32.55 m, 10.93 g/t Au over 5.00 m), and Vuoma (28.64 g/t Au over 4.90 m). Metallurgical tests indicate free-milling gold with 93.6–99.9% recovery via bottle-roll leach.

Other assets include the Helmi JV with B2Gold (70% B2Gold/30% Aurion), which has delivered intercepts such as 2.05 g/t Au over 77.50 m, and the Launi East property, which was under earn-in by Kinross until Kinross terminated its option in May 2026, returning 100% ownership to Aurion. A critical-minerals earn-in agreement with KoBold Metals covers the eastern portion of Risti, with KoBold able to earn up to 75% by spending US$12 million over five years; the program focuses on non-gold/silver commodities.

The pending acquisition by Agnico Eagle—a senior gold producer with extensive Finnish operating experience—will see these assets absorbed into Agnico’s portfolio. Post-closing, Aurion will no longer exist as a separate entity.