Stock Symbol: AEM (NYSE and TSX)
With the 19,800,000 Common Shares issued on exercise of the Warrants,
Agnico Eagle now holds 39,600,000 Common Shares. Pershimco has advised
Agnico Eagle that warrants exercisable for the issuance of an
additional 4,027,005 Common Shares held by another party were exercised
concurrently with the exercise of Warrants held by Agnico Eagle and,
accordingly, on the exercise of the Warrants, the Common Shares held by
Agnico Eagle will represent approximately 17.8% of the issued and
outstanding Common Shares.
Agnico Eagle is acquiring the Common Shares for investment purposes.
Depending on market conditions, Agnico Eagle may, from time to time,
acquire additional securities of Pershimco or dispose of some or all of
the Common Shares.
About Agnico Eagle
Agnico Eagle is a senior Canadian gold mining company that has produced precious metals since 1957. Its eight mines are located in
The information in this news release has been prepared as at
Such statements and information include, without limitation, statements
relating to exercise of the Warrants and Agnico Eagle's ownership of
Common Shares and Warrants following that date. The material factors
and assumptions used in the preparation of forward-looking statements
contained herein, which may prove to be incorrect include, but are not
limited to, that the exercise of the Warrants occurs concurrently with
the exercise of warrants by a third party.
These forward-looking statements are subject to numerous risks,
uncertainties and assumptions, certain of which are beyond the control
of Agnico Eagle. Agnico Eagle disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise except as required by
applicable securities laws.