Deal terms:
- Agnico Eagle (NYSE:AEM) acquires all Rupert Resources (TSX:RUP, OTCQX:RUPRF) shares it doesn't already own
- Each RUP share exchanged for 0.0401 of an AEM common share, plus a contingent value right (CVR) worth up to C$3.00 in cash, payable on milestones over a 10-year term
- Arrangement agreement dated April 17, 2026
- BC Supreme Court Final Order hearing: June 11, 2026
- Expected close: end of June 2026
- CVRs have conditional TSX listing approval, expected to list post-closing
Login to comment