Cadillac Mines

Cadillac Mines (Ticker: CADY CN) is a company that explores gold properties. Agnico Eagle Mines agreed to purchase approximately 8.7 million shares for CAD 60.00 million in a concurrent private placement, which was expected to increase its ownership stake to about 11%.

The scheduled listing date on Toronto Stock Exchange was July 24, 2026. The offering comprises 47,080,000 shares at a confirmed price of CAD 6.90 per share. At the confirmed offer price, the base offering represents CAD 324.85 million, approximately $229.79 million in gross proceeds, excluding any unexercised over-allotment. The indicated IPO market capitalization is CAD 1.62 billion, approximately $1.15 billion.

BMO Nesbitt Burns, National Bank Financial and Stifel Nicolaus Canada led the offering.