Deal Snapshot
AGNICO EAGLE DELIVERS OFFER TO ACQUIRE ALEXANDRIA MINERALS CORP
Friday 14 June 2019

Canadian miner Agnico Eagle Mines Ltd. (NYSE: AEM) (TSX: AEM) has delivered a definitive offer to the board of directors of Alexandria Minerals Corp. pursuant to which Agnico Eagle would acquire 100% of Alexandria's issued and outstanding common shares, the company said.
Total consideration required to effect the acquisition is expected to be approximately CDN 26m (USD 19.44m), (which has been calculated based on CDN 0.05 per issued and outstanding Alexandria share). The proposal is not subject to any financing or due diligence condition.


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Details
Date Published: 14/06/2019
Target: Alexandria Minerals Corp
Country: Canada
Deal Size: 19.44m (USD)
Sector: Metals/Mining
Type: Corporate acquisition
Financing: Stock
Status: Agreed
Vendor:
Buyer: Agnico Eagle Mines
Comment:


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