https://newsletter-mw.creamermedia.com
Kirkland Lake|Agnico Eagle Mines|Cadillac Mines|Canada|Kerr-Addison|Critical Minerals|Gold Mining|TSX|Cadillac-Larder Lake Break|Ontario|Québec|Abitibi Greenstone Belt
||||||||
kirkland-lake|agnico-eagle-mines|cadillac-mines|canada|kerr-addison|critical-minerals|gold-mining|tsx|cadillac-larder-lake-break|ontario|qubec|abitibi-greenstone-belt

Cadillac Mines upsizes IPO, secures Agnico Eagle Mines as investor

Gold bars

Gold bars

24th July 2026

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

Gold and base metals explorer Cadillac Mines has upsized its planned initial public offering (IPO) to $385-million on the TSX, compared with a prior target of $363-million.

The offering consists of 18.8-million common shares at $6.90 apiece, 6.3-million special flow-through shares at $9.52 apiece and a secondary offering by certain shareholders of the company comprising 28.2-million shares at $6.90 apiece.

Cadillac has secured a subscription agreement with Canada's largest mining company Agnico Eagle Mines for 8.6-million common shares at $6.90 apiece on a private placement basis, which amounts to $60-million.

Cadillac expects the IPO to close on August 5.

Cadillac explores exclusively within the highly prolific Abitibi Greenstone Belt across Ontario and Québec.

The operations are concentrated along the Cadillac-Larder Lake Break, which is a massive geological fault structure renowned for massive historical gold production. The company's flagship asset is the Kerr-Addison project in Kirkland Lake, Ontario.

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

ATI Systems
ATI Systems

ATI systems comprises five divisions: electrical assemblies, drives and controls, feedback sensors, enclosures, and strip guiding.

VISIT SHOWROOM 
Environmental Impact Management Services
Environmental Impact Management Services

EIMS is an independent specialised environmental consulting firm offering the full spectrum of environmental management services across all sectors...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 24 July 2026
Magazine round up | 24 July 2026
24th July 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.061 0.13s - 120pq - 2rq
Subscribe Now