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Agnico-Eagle Mines Limited
Agnico-Eagle Mines Limited reports investment in AuEx Ventures Inc.
March 27th, 2009
Agnico-Eagle Mines Limited ("Agnico" or the "Company") reported that it had acquired 1,000,000 units ("Units") of AuEx Ventures Inc. ("AuEx") by way of a private placement at a price of $2.15 per Unit for a total consideration of $2,150,000 in cash. Each Unit consisted of one common share ("Common Shares"), resulting in the acquisition of a total of 1,000,000 Common Shares of AuEx by the Company, and one-half of one share purchase warrant ("Warrants"), being 500,000 Warrants, each full Warrant entitling the holder to acquire one Common Share at a price of $2.75 per share for the first twelve months following the closing date and a price of $3.25 per share for the subsequent twelve months,...
Source: Health Business Week (2009-03-27)
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