Media Room

Chantrell delivers superior offer to Alexandria shareholders

Toronto-headquartered Chantrell Ventures has delivered a new offer for the acquisition of junior miner Alexandria Minerals, which is superior to the offer of gold miner Agnico Eagle.

Chantrell, which had until the end of Thursday to match an offer from Agnico, is offering Alexandria shareholders C$0.07 a share, compared with its previous offer price of C$0.04 a share.