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Stock Market & Financial Investment News

News Breaks
November 26, 2012
14:20 EDTAEMAgnico-Eagle sells 9.21% stake in Queenston to Osisko
Agnico-Eagle Mines announced that it has entered into an agreement to sell 7,795,574 common shares of Queenston Mining, which represent approximately 9.21% of the issued and outstanding shares, to Osisko Mining for cash consideration of C$5.43 per Share. Upon the closing of the transaction, which is expected to occur on November 29, Agnico-Eagle will hold no Queenston shares. Agnico-Eagle said it disposed of the shares in the ordinary course of business as they were a non-core asset.
News For AEM From The Last 14 Days
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September 16, 2014
07:41 EDTAEMDenver Gold Group to hold a forum
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September 9, 2014
07:12 EDTAEMEuro Pacific to hold a conference
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September 8, 2014
17:03 EDTAEMAgnico-Eagle to acquire Cayden Resources
Agnico Eagle Mines Limited and Cayden Resources announced that they have entered into an agreement pursuant to which Agnico Eagle will acquire 100% of Cayden's issued and outstanding common shares, including shares issuable under outstanding options and warrants, under a plan of arrangement for total consideration of approximately C$205M, or approximately C$3.79 per share. The offer represents a premium of 42.5% to the volume weighted average price of Cayden shares on the TSX Venture Exchange for the 30-day period and an 51.9% premium to the 60-day period, both ended September 5.

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