Agnico Eagle exercises Pershimco Warrants
10 July 2014
July 10, 2014
Stock Symbol: AEM (NYSE and TSX)
TORONTO, July 10, 2014 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle") announced today that it has exercised the 19,800,000 warrants (the "Warrants") of Pershimco Resources Inc. ("Pershimco") that it acquired under a private placement on January 28, 2014. On July 10, 2014, Pershimco amended the exercise price of the Warrants to Cdn.$0.40 per Common Share until August 9, 2014, after which the exercise price reverts to the previous exercise price of Cdn.$0.54 per Common Share for the duration of the term of the Warrants.
