VANCOUVER - Goldsky Resources Corp. says its shareholders have voted to approve a transaction that will see the company become the 100 per cent owner of the Barsele gold project in Sweden.
In January, Agnico Eagle Mines Ltd. agreed to sell its majority stake in the project to Goldsky.
At the time, the junior company agreed to pay US$20 million in cash in addition to 75,509,577 Goldsky common shares, which were valued at C$2.64 per share.
The agreement will also grant Agnico Eagle a two per cent net smelter return royalty on the project and assume Agnico's obligations under an existing two per cent net smelter return royalty owed to Orex Minerals Inc.
Goldsky may repurchase the Agnico Eagle royalty for US$50 million at any time prior to two years following the achievement of commercial production, while the Orex royalty may be repurchased for US$5 million at any time.
The deal will see Agnico Eagle increase its stake in Goldsky to about 32.5 per cent from 4.1 per cent.
This report by The Canadian Press was first published April 9, 2026.
Companies in this story: (TSX:AEM, TSX:GSKR)
/Super%20Micro%20Computer%20Inc%20HQ%20photo-by%20Tada%20Images%20via%20Shutterstock.jpg)
/Micron%20Technology%20Inc_logo%20and%20website-by%20Mojahid%20Mottakin%20via%20Shutterstock.jpg)