Canadian shares are likely to open on a positive note Monday morning, tracking higher crude oil and bullion prices, and firm European markets. With data on Canadian inflation due on Tuesday, investors may stay cautious at higher levels.
In company news, Agnico Eagle Mines Limited (AEM.TO) announced today that it acquired 33,821,842 common shares of Maple Gold Mines Ltd. (TSXV: MGM) on June 21, 2024 at a price of $0.085 per Common Share for total consideration of approximately $2,874,856.57 from several sellers. Agnico Eagle previously owned 40,852,415 common shares of Maple Gold Mines, representing an approximate stake of nearly 12%.
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