Agnico Eagle expands stake in First Nordic to 13%

Agnico Eagle Mines (TSX: AEM; NYSE: AEM) is investing C$8.2 million in First Nordic Metals (TSXV: FNM), acquiring approximately 28 million common shares at C$0.2925 per share. The transaction will raise Agnico's ownership in First Nordic to approximately 13.25% from its current 0.75%....