Agnico Eagle buying at Maple Gold Mines (MGM)

Agnico Eagle buying at Maple Gold Mines (V:MGM)

Updated Thursday Oct 15, 2020 02:49 AM EDT
Agnico Eagle Mines Limited (AEM), a 10% Holder, acquired 25,838,821 Common Shares on a direct ownership basis at a price of $0.239 through a prospectus or prospectus exempt offering on October 13th, 2020. The miner? also acquired 25,838,821 Warrants (Offering Warrants) on a direct ownership basis with an exercise price of $0.340 for a period of three years. This represents a $6,175,478 net investment into the company's shares and an account share holdings change of greater than 100%.

Maple Gold Mines is in the Gold Sub Industry Group under the Basic Materials Sector.

Maple Gold Mines Ltd,formerly known as Aurvista Gold Corporation is a Canada-based gold exploration company engaged in gold mining sector. The Company is primarily involved in the acquisition, exploration and development of mining properties in Canada. The Company's district-scale approximately 370 km Douay Gold Project is located along a 55km segment of the Casa Berardi Deformation Zone within the prolific Abitibi Greenstone Belt in northern Quebec. The Project hosts a gold deposit that remains open in several directions, with infrastructure and several operating mines within approximately 150 km. The Douay Gold Project's gold lenses have never been mined, the Project is virtually royalty free.


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