Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Other Neutral

AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN MAPLE GOLD MINES LTD.

Agnico Eagle’s Relentless Junior Portfolio Tweak Belies A Monster Balance Sheet Flush With Record Gold Cash

Executive Summary

Agnico Eagle Mines Limited (AEM) announced on February 17, 2026, that it has acquired an additional 662,780 common shares of Maple Gold Mines Ltd. (MGM). The transaction was executed via the secondary market at an average price of $2.45 CAD per share, totaling approximately $1.62 million CAD. This acquisition brings Agnico’s total ownership in MGM to 8,716,825 shares, representing approximately 12.98% of the issued and outstanding common shares on a non-diluted basis. The company also holds 586,619 warrants.

Material Impact

This news is non-material for a company of Agnico Eagle’s scale. With a market capitalization exceeding $148 billion and a net cash position of $2.2 billion (as of the Q3 2025 report), a $1.6 million CAD investment represents less than 0.001% of the company's value.

AEM · Price
Company Overview

Agnico Eagle is a senior Canadian gold mining company with operating mines in Canada, Australia, Finland, and Mexico. It is the largest gold producer in Canada.

Read the original news release →

More from Agnico Eagle Mines Limited