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Agnico-Eagle receives $130,640,561 and issues 6,875,819 common shares on exercis

This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-21
TORONTO, Nov. 20 /PRNewswire-FirstCall/ - Agnico-Eagle Mines Limited("Agnico-Eagle") announced today that 6,875,819 share purchase warrants wereexercised prior to their expiry at 5:00 p.m. on November 14, 2007 for proceedsto Agnico-Eagle of $130,640,561. The warrants were issued pursuant to awarrant indenture dated November 14, 2002 with Computershare Trust Company ofCanada. Each warrant entitled the holder to purchase one common share ofAgnico-Eagle for $19.00. Agnico-Eagle issued 6,875,819 common shares upon theexercise of the warrants.

About Agnico-Eagle

Agnico-Eagle is a long established Canadian gold producer with operationslocated in Quebec and exploration and development activities in Canada,Finland, Mexico and the United States. Agnico-Eagle's LaRonde Mine is Canada'slargest gold deposit in terms of reserves. The Company has full exposure tohigher gold prices consistent with its policy of no forward gold sales. It haspaid a cash dividend for 25 consecutive years.

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