Aurion Resources Ltd. / AGNICO EAGLE

Lane

M&A

Announced

20 Apr 2026

Province

Newfoundland & Labrador

Industry

Mining & metals

Status

Announced

What the filing says

Aurion Resources Ltd. (TSXV: AU ) (OTCQX: AIRRF) ("Aurion") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Agnico Eagle Mines Limited (TSX: AEM ) NYSE: AEM) ("Agnico Eagle") has agreed to acquire all of the issued and outstanding common shares of Aurion (the "Aurion Shares"), other than the Aurion Shares currently held by Agnico Eagle, by way of a statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Transaction").

Consideration

$481MM

Credits

Stifel Canada (financial advisor); Haywood (financial advisor); Graham Scott Law Corporation (legal advisor); WeirFoulds LLP (legal advisor); Edgehill Advisory Ltd (financial advisor); TD Securities Inc (financial advisor); Davies Ward Phillips & Vineberg LLP (legal advisor)

break fee

C$21 million“In addition, the Arrangement Agreement provides for a termination fee of C$21 million payable by Aurion if it accepts a superior proposal and in certain other specified circumstances.”

consideration form

all cash“AGNICO EAGLE TO ACQUIRE AURION RESOURCES IN ALL-CASH TRANSACTION FOR APPROXIMATELY C$481 MILLION Aurion Resources Ltd. (TSXV: AU ) (OTCQX: AIRRF) ("Aurion") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which Agnico Eagle Mines Limited (TSX: AEM ) NYSE: AEM) ("Agnico Eagle") has agreed to acquire all of the issued and outstanding common shares of Aurion (the "Aurion Shares"), other than the Aurion Shares currently held by Agnico Eagle, by way of a statutory plan of arrangement under the Business Corporations Act (Br”

premium to market

45%“The Consideration represents approximately a 46% premium based on the closing price of the Aurion Shares on the TSX Venture Exchange (the "TSXV") on April 17, 2026, and approximately a 45% premium based on the 20-day volume-weighted average price ("VWAP") of the Aurion Shares as at that date.”

premium to market

46%“The Consideration represents approximately a 46% premium based on the closing price of the Aurion Shares on the TSX Venture Exchange (the "TSXV") on April 17, 2026, and approximately a 45% premium based on the 20-day volume-weighted average price ("VWAP") of the Aurion Shares as at that date.”

Source

AGNICO EAGLE TO ACQUIRE AURION RESOURCES IN ALL-CASH TRANSACTION FOR APPROXIMATELY C$481 MILLION