Agnico Eagle Mines Limited, 10% holder of Azimut Exploration Inc. (TSXV:AZM), bought 1,083,333 Common Shares via a private placement at an average of $0.60, a $650K purchase on Aug 18, 2026.
The purchase increased the direct holding by about 9.8%. Agnico Eagle Mines Limited now holds 12,117,391 shares directly, worth about $7.5M at the Aug 18, 2026 close.
AZM closed at $0.62 on Aug 18, 2026, down 10% over the prior three months. In the 52 weeks to that date it closed between $0.56 and $1.06, and that close was 42% below the high.
