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Agnico sells $220m in stock to single US institutional investor

By:  
Creamer Media Deputy Editor: North America
 
PRIVATE OFFERING
Dual-listed Canadian gold producer Agnico Eagle Mines has agreed to issue and sell five-million of its common shares directly to an institutional investor in the US at a price of $43.97 apiece, or about $220-million in total. Toronto-based Agnico said it will use the net proceeds of the offering for general corporate purposes.
 
 
 
 
 

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