Agnico Eagle Adds to Finland Holdings with Trio of Deals Valued at $3.8 Billion

Series of acquisitions consolidates Agnico Eagle’s assets in Lapland

Davies is acting for Agnico Eagle Mines Limited in three separate concurrent public company transactions pursuant to which Agnico Eagle seeks to consolidate properties in the Central Lapland Greenstone Belt of Northern Finland, with a combined value of approximately $3.8 billion.

The series of transactions, which establish Finland as a multi-asset, multi-decade regional platform within Agnico Eagle’s portfolio, include the acquisition of Rupert Resources Ltd. for Agnico Eagle shares and contingent value rights, the acquisition of Aurion Resources Ltd. for cash and the acquisition from B2Gold Corp. of a 70% interest in Fingold Ventures Ltd. for cash, which together with Agnico Eagle’s acquisition of the 30% interest held by Aurion, will result in Agnico Eagle acquiring a 100% ownership interest in Fingold Ventures.

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world. The combined acquisitions aim to deliver on Agnico Eagle’s long‑standing strategy of regional consolidation in premier mining jurisdictions and are expected to substantially enhance the scale, growth and longevity of Angico Eagle’s Finnish platform.

The acquisitions of Rupert and Aurion are expected to close in early in the third quarter of 2026, subject to customary closing conditions, and the acquisition of B2Gold’s 70% interest in Fingold Ventures has closed.

The Davies team advising on the transactions was led by Patricia Olasker and includes Rob Murphy, Marc Pontone, Ghaith Sibai, John Aziz, Puneet Aujla, Matthew Auvinen and Meaghan Kenley (Public M&A); Scott Hyman (Banking); Jim Dinning (Competition); Chris Anderson, Julie Colden and Ryan Wolfe (Tax); and Shari Cohen and Jessie Cartoon (Employment).