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Announced

Agnico Eagle to invest $40m in ATEX Resources.

Synopsis

Agnico Eagle, a Canadian-based gold producer with operations in Canada, Finland, Australia and Mexico, agreed to invest $40m in ATEX Resources, a Latin America-focused exploration company. "We are excited to welcome Agnico as a strategic investor. Agnico is recognized as one of the preeminent mining companies in the world, and importantly, has significant large-scale underground operating experience. This transaction results in ATEX being well capitalized through 2025 to execute on our future drill programs and to continue defining this deposit while also continuing to de-risk and conduct engineering studies. Agnico is a partner of choice within the mining industry, recognized globally for its leading practices, and we are proud to have them as a strategic investor," Ben Pullinger, ATEX President and CEO.

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