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Agnico Eagle Mines Acquires FireFox Gold Units
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Overview
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Agnico Eagle Mines Limited acquires 19,010,000 units of FireFox Gold Corp. in a private placement, representing 10.9% of the issued and outstanding Common Shares on a non-diluted basis. The company also enters into an earn-in agreement with FireFox Gold Oy to acquire a 51% interest in the Kolho properties in northern Finland.
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How does Agnico Eagle's expansion in Finland align with its overall gold mining strategy?
How might Agnico Eagle's acquisition of FireFox Gold units impact the gold mining industry?
What potential benefits could Agnico Eagle gain from its earn-in agreement with FireFox Gold Oy?
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