Agnico Eagle Mines (TSX:AEM)(NYSE:AEM) and another high-yielding gold-mining stock look like fantastic deals for contrarians. The post 2 Gold Stocks With Huge Dividend Yields appeared first on The Motley Fool Canada.
Agnico Eagle (AEM) is acquiring the common shares and warrants for investment purposes.
Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico Eagle") announced that it has agreed to subscribe for 14,000,000 units ("Units") of Cartier Resources Inc. (TSX-V: ECR) ("Cartier") in a non-brokered private placement at a price of $0.13 per Unit for total consideration of approximately $1,820,000. Each Unit is comprised of one common share of Cartier (a "Common Share") and one-half of one common share purchase warrant of Cartier (each full warrant, a "Warrant"). Each Warrant entitles t