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How S2’s A$20M Deal with Agnico Eagle Could Transform Its Exploration Future

8:40am on Thursday 30th of October, 2025 AEDT Mining
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How S2’s A$20M Deal with Agnico Eagle Could Transform Its Exploration Future

8:40am on Thursday 30th of October, 2025 AEDT
Key Points
  • Sale of Fosterville exploration licence EL007795 for A$17 million
  • A$3 million share placement to Agnico Eagle at A$0.101 per share
  • Agnico Eagle becomes S2’s fourth largest shareholder with 5.6% stake
  • S2’s cash position to rise to A$23.1 million plus A$5.33 million in investments
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