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Agnico Eagle (NYSE: AEM) increases Maple Gold Mines ownership with new share purchase

Filing Impact
(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Agnico Eagle Mines Limited filed a report describing an additional investment in Maple Gold Mines Ltd. Agnico Eagle acquired 662,780 Maple common shares at C$2.45 per share for total consideration of C$1,623,811 from sellers participating in a Maple flow-through share offering.

After this purchase, Agnico Eagle owns 8,716,825 Maple common shares and 586,619 warrants, representing about 12.98% of Maple’s outstanding shares on a non-diluted basis and 13.73% on a partially diluted basis. An investor rights agreement gives Agnico Eagle participation rights in Maple financings up to 19.9% ownership and board nomination rights, although it states it has no present intention to exercise the nomination right.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

Form 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of February, 2026

 

Commission File Number 001-13422

 

AGNICO EAGLE MINES LIMITED

(Translation of registrant’s name into English)

 

145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ¨          Form 40-F x

 

 

 

 

 

 

EXHIBITS

 

Exhibit No. Exhibit Description
99.1 Press Release dated February 17, 2026 announcing the Corporation’s additional investment in Maple Gold Mines Ltd.

 

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SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  AGNICO EAGLE MINES LIMITED
  (Registrant)
   
Date: February 19, 2026 By: /s/ Chris Vollmershausen
    Chris Vollmershausen
    Executive Vice-President, Legal, General Counsel & Corporate Secretary

 

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Exhibit 99.1

 

 

 

Stock Symbol: AEM (NYSE and TSX)
 
For further information: Investor Relations
  (416) 947-1212

 

AGNICO EAGLE ANNOUNCES ADDITIONAL INVESTMENT IN
MAPLE GOLD MINES LTD.

 

Toronto (February 17, 2026) – Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) (“Agnico Eagle”) announced today that it has acquired 662,780 common shares (“Common Shares”) of Maple Gold Mines Ltd. (TSX-V: MGM) (“Maple”) at C$2.45 per Common Share (the “Share Purchases”) for total consideration of C$1,623,811 from several sellers that participated in an offering of flow-through Common Shares undertaken by Maple immediately prior to the Share Purchases.

 

On September 9, 2025, Agnico Eagle filed an early warning report disclosing that it owned Common Shares and common share purchase warrants (each, a “Warrant”) representing approximately 15.38% and 16.32% of the then issued and outstanding Common Shares on a non-diluted and partially-diluted basis, respectively. Thereafter, Maple completed certain dilutive securities issuances which reduced Agnico Eagle’s ownership interest, immediately prior to the Share Purchases, to approximately 12.90% and 13.71% on a non-diluted and partially-diluted basis, respectively. Following the Share Purchases, Agnico Eagle owns 8,716,825 Common Shares and 586,619 Warrants, representing approximately 12.98% of the issued and outstanding Common Shares on a non-diluted basis and 13.73% of the issued and outstanding Common Shares on a partially-diluted basis, assuming exercise of the Warrants held by Agnico Eagle and after giving effect to all other security issuances completed by Maple concurrently with the Share Purchases.

 

Agnico Eagle and Maple are party to an investor rights agreement dated October 13, 2020, pursuant to which Agnico Eagle is entitled to certain rights, provided Agnico Eagle maintains certain ownership thresholds in Maple, including: (a) the right to participate in equity financings in order to maintain its pro rata ownership in Maple at the time of such financing or acquire up to a 19.9% ownership interest in Maple; and (b) the right (which Agnico Eagle has no present intention of exercising) to nominate one person (and in the case of an increase in the size of the board of directors of Maple to eight or more directors, two persons) to the board of directors of Maple.

 

Agnico Eagle acquired the Common Shares as part of its strategy of acquiring strategic positions in prospective opportunities with high geological potential. Depending on market conditions, strategic priorities and other factors, Agnico Eagle may, from time to time, acquire additional Common Shares or other securities of Maple, or dispose of some or all of the Common Shares or other securities of Maple that it owns at such time.

 

 

 

 

An amended early warning report will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact:

 

Agnico Eagle Mines Limited

c/o Investor Relations

145 King Street East, Suite 400

Toronto, Ontario M5C 2Y7

Telephone: 416-947-1212

Email: investor.relations@agnicoeagle.com

 

Agnico Eagle’s head office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7. Maple's head office is located at 1111 West Hastings Street, 6th Floor, Vancouver, British Columbia V6E 2J3.

 

About Agnico Eagle

 

Canadian-based and led, Agnico Eagle is Canada’s largest mining company and the second largest gold producer in the world, operating mines in Canada, Australia, Finland and Mexico. The Company is advancing a pipeline of high-quality development projects in these regions to support sustainable growth over the next decade. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading sustainability practices. Agnico Eagle was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

 

Forward-Looking Statements

 

The information in this news release has been prepared as at February 17, 2026. Certain statements in this news release, referred to herein as “forward-looking statements”, constitute “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as “may”, “will” or similar terms.

 

Forward-looking statements in this news release include, without limitation, statements relating to Agnico Eagle's acquisition or disposition of securities of Maple in the future.

 

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Agnico Eagle as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. Other than as required by law, Agnico Eagle does not intend, and does not assume any obligation, to update these forward-looking statements.

 

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FAQ

What did Agnico Eagle Mines (AEM) announce in this 6-K filing?

Agnico Eagle announced an additional investment in Maple Gold Mines, purchasing 662,780 common shares for C$1,623,811. The shares were bought at C$2.45 each from sellers in a Maple flow-through share offering completed immediately before Agnico Eagle’s purchase.

How large is Agnico Eagle’s ownership stake in Maple Gold Mines after the new investment?

Following the transaction, Agnico Eagle holds 8,716,825 Maple common shares and 586,619 warrants. This represents about 12.98% of Maple’s issued and outstanding shares on a non-diluted basis and 13.73% on a partially diluted basis, assuming exercise of the warrants it holds.

What price did Agnico Eagle pay per Maple Gold Mines share in this transaction?

Agnico Eagle paid C$2.45 per Maple common share in this investment. The company acquired 662,780 shares from several sellers participating in a Maple flow-through share offering, resulting in total cash consideration of C$1,623,811 for this additional equity position.

What rights does Agnico Eagle have under its investor rights agreement with Maple Gold Mines?

Under a 2020 investor rights agreement, Agnico Eagle can participate in Maple equity financings to maintain its pro rata stake or increase ownership up to 19.9%. It also has the right, which it currently does not plan to use, to nominate at least one Maple board member.

Why did Agnico Eagle say it acquired more Maple Gold Mines shares?

Agnico Eagle stated it acquired the Maple shares as part of its strategy of taking strategic positions in opportunities with high geological potential. The company also indicated it may buy more or sell some Maple securities in the future, depending on market conditions and strategic priorities.

Will Agnico Eagle file any additional regulatory reports related to its Maple Gold Mines investment?

Agnico Eagle said it will file an amended early warning report under applicable securities laws. This report will provide detailed disclosure of its updated Maple ownership position and can be obtained from Agnico Eagle’s investor relations department at its Toronto head office upon request.

Filing Exhibits & Attachments

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