Agnico-Eagle receives $130,640,561 and issues 6,875,819 common shares on exercise of share purchase warrants
20 Novembro 2007 - 7:31PM
PR Newswire (US)
Stock Symbol: AEM (NYSE and TSX) TORONTO, Nov. 20
/PRNewswire-FirstCall/ -- Agnico-Eagle Mines Limited
("Agnico-Eagle") announced today that 6,875,819 share purchase
warrants were exercised prior to their expiry at 5:00 p.m. on
November 14, 2007 for proceeds to Agnico-Eagle of $130,640,561. The
warrants were issued pursuant to a warrant indenture dated November
14, 2002 with Computershare Trust Company of Canada. Each warrant
entitled the holder to purchase one common share of Agnico-Eagle
for $19.00. Agnico-Eagle issued 6,875,819 common shares upon the
exercise of the warrants. About Agnico-Eagle Agnico-Eagle is a long
established Canadian gold producer with operations located in
Quebec and exploration and development activities in Canada,
Finland, Mexico and the United States. Agnico-Eagle's LaRonde Mine
is Canada's largest gold deposit in terms of reserves. The Company
has full exposure to higher gold prices consistent with its policy
of no forward gold sales. It has paid a cash dividend for 25
consecutive years. DATASOURCE: Agnico-Eagle Mines Limited CONTACT:
David Smith, VP, Investor Relations, (416) 947-1212
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