On September 9th, 2025, Agnico Eagle Mines (NYSE/TSX: AEM) announced the sale of its entire 11.3% stake in Orla Mining Ltd., totaling 38,002,589 shares, for gross proceeds of C$560.5 million (C$14.75/share) through the Toronto Stock Exchange.

The company said the divestment reflects disciplined capital allocation and will allow redeployment toward strategic priorities. Agnico Eagle has been a shareholder in Orla since its founding in 2017, supporting its transformation into a mid-tier gold producer. Following the transaction, Agnico Eagle no longer holds any Orla shares.

Orla Mining’s management welcomed the move as an opportunity to broaden its investor base and improve liquidity.