Agnico-Eagle, Yamana Gold complete acquisition of Osisko Mining Agnico Eagle Mines (AEM) and Yamana Gold (AUY) announced the completion of their previously announced court-approved plan of arrangement pursuant to which Agnico Eagle and Yamana have jointly acquired 100% of the issued and outstanding common shares of Osisko Mining. Osisko's common shares will be de-listed from the Toronto Stock Exchange as at the close of business. Agnico Eagle and Yamana now each own 50% of Osisko and have formed a joint committee to operate the Canadian Malartic mine in Quebec. The partners will also jointly explore and potentially develop the Kirkland Lake assets, and continue exploration at the Hammond Reef, Pandora, and Wood-Pandora properties.
Yamana sees Brio unit going public in Q3 Yamana Gold reported earlier that "Brio Gold going public is the optimal approach to realizing this considerable value and plans are progressing for a going public event in 3Q15." The company has engaged National Bank Financial and CIBC World Markets as financial advisors to assist in the process of a going public event with respect to Brio Gold.