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Agnico-Eagle Mines Limited

Publié le 20 avril 2010

Comaplex and Agnico-Eagle announce extension of exclusivity period

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Mots clés associés :   Canada | G Mexico | K Street |

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Agnico-Eagle Mines Limited

COMAPLEX AND AGNICO-EAGLE ANNOUNCE EXTENSION OF
 EXCLUSIVITY PERIOD

Toronto, ON - April 19, 2010 - Comaplex Minerals Corp. and Agnico-Eagle Mines Limited (TSX - AEM / NYSE - AEM) jointly announced today the extension of the exclusivity period under their previously announced agreement in principle whereby Agnico-Eagle would acquire all the shares of Comaplex that it does not already own.  The exclusivity period has been extended from April 19, 2010 to May 3, 2010 to allow the parties to complete due diligence and documentation.

The support agreement between Perfora and Agnico-Eagle pursuant to which Perfora has agreed to, among other things, support the transaction and vote all of the shares it holds in Comaplex in favour of it has been similarly extended.  The transaction remains subject to due diligence, the negotiation and board approval of the definitive acquisition agreement and the negotiation of support agreements with the directors and officers of Comaplex.  The transaction is also subject to approval by Comaplex shareholders and court and regulatory approval.

About Agnico-Eagle

Agnico-Eagle Mines Limited is a long established Canadian gold producer with operations located in Canada, Finland and Mexico and exploration and development activities in Canada, Finland, Mexico and the United States.  Agnico-Eagle's LaRonde Mine is Canada's largest operating gold mine in terms of reserves.  Agnico-Eagle has full exposure to higher gold prices consistent with its policy of no forward gold sales.  It has paid a cash dividend for 28 consecutive years.  Agnico-Eagle's registered office is located at 145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7.

About Comaplex

Comaplex is a public company, headquartered in Calgary whose shares trade on the Toronto Stock Exchange.  Comaplex's core business is exploring for and developing mineral properties in Canada, and its main asset is the Meliadine gold property.  Comaplex's registered office is located at 901, 1015 Fourth Street S. W., Calgary, Alberta T2R 1J4.

Forward-Looking Statements

Certain statements regarding Comaplex and/or Agnico-Eagle set forth in this press release, including those regarding the completion of the transaction, contain forward-looking information. This forward-looking information is subject to numerous material risks, uncertainties and assumptions, certain of which are beyond the control of Comaplex and/or Agnico-Eagle, including the impact of general economic conditions, industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, competition from other industry participants, the lack of availability of qualified personnel or management, stock market volatility, ability to access sufficient capital from internal and external sources, uncertainty of receiving approval from shareholders for the transaction described herein and failure to obtain required regulatory approvals, including stock exchange approvals. Reader s are cautioned that the material assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, this forward-looking information and, accordingly, no assurance can be given that any of the events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Comaplex and/or Agnico-Eagle will derive therefrom. Comaplex and Agnico-Eagle disclaim any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.

 

Contact

Agnico-Eagle Mines Limited
David Smith
VP, Investor Relations
Tel.: (416) 947-1212
www.agnico-eagle.com.


Comaplex
George Fink
President and CEO

or
Mark Balog
Chief Operating Officer

or
Kirsten Kulyk
Manager-Investor Relations
Tel.: (403) 265-2846
www.comaplex.com.

Renmark Financial Communications Inc.
John Boidman: jboidman@renmarkfinancial.com
Jason Roy: jroy@renmarkfinancial.com
Media - Guy Hurd: ghurd@renmarkfinancial.com

Tel.: (514) 939-3989 or (416) 644-2020 www.renmarkfinancial.com

 

Renmark Financial Communications Inc.

Montreal (Head Office): 1550 Metcalfe, Suite 502, Montr�al, Qu�bec, H3A 1X6
Tel.: (514) 939-3989 Fax: (514) 939-3717
Toronto: 121 King Street West, Suite 1140, Toronto, Ontario, M5H 3T9
Tel.: (416) 644-2020 Fax: (416) 644-2021

Website: www.renmarkfinancial.com - Email: info@renmarkfinancial.com

 

Disclaimer: This correspondence is not to be construed as an offer to buy or sell securities or options. Renmark does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest. We support best practices in responsible e-mail marketing and respect your right to be removed from this campaign. Should you no longer wish to receive e-mails from us, please reply to this e-mail, indicating "Unsubscribe" in the subject line.
Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

Agnico-Eagle Mines Limited

PRODUCTEUR
CODE : AEM.TO
ISIN : CA0084741085
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Agnico-Eagle est une société de production minière d'or basée au Canada.

Agnico-Eagle est productrice d'or, d'argent, de cuivre, de plomb et de zinc au Canada, au Mexique et en Finlande, en développement de projets d'argent, de cuivre, d'or, de plomb et de zinc au Canada, et détient divers projets d'exploration au Canada.

Ses principaux projets en production sont LARONDE, LARONDE (EL COCO) MINE, MEADOWBANK et LARONDE EXTENSION au Canada, PINOS ALTOS au Mexique et KITTILA en Finlande, ses principaux projets en développement sont LAPA, GOLDEX et LARONDE au Canada et ses principaux projets en exploration sont BOUSQUET MINE, JOUTEL, NIGHTHAWK, GERMAN PROPERTY, MOUNTJOY PROPERTY, THORNLOE, REID, NW DELORO, CARR - WILKIE, WHITNEY TISDALE, WARK, EASTER DOME, MELIADINE, ELLISON, BOUSQUET AND ELLISON, COLOMAC MINE, CABALLO BLANCO PROPERTY et VICTORY LAKE au Canada et MORELOS SUR au Mexique.

Agnico-Eagle est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 14,6 milliards CA$ (10,3 milliards US$, 9,5 milliards €).

La valeur de son action a atteint son plus bas niveau récent le 29 octobre 1999 à 10,10 CA$, et son plus haut niveau récent le 03 avril 2020 à 63,11 CA$.

Agnico-Eagle possède 230 990 000 actions en circulation.

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TORONTO (AEM.TO)NYSE (AEM)
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