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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?


To: TheBusDriver who wrote (32889)2/14/2007 9:07:28 AM
From: loantech  Read Replies (1) | Respond to of 78416
 
HUGE CUMBERLAND TAKEN OUT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Agnico-Eagle asks Cumberland to be its valentine

2007-02-14 08:32 ET - News Release

See News Release (C-AEM) Agnico-Eagle Mines Ltd

Mr. Sean Boyd of Agnico-Eagle reports

AGNICO-EAGLE TO ACQUIRE CUMBERLAND RESOURCES; TRANSACTION WOULD INCREASE GOLD PRODUCTION AND RESERVE GROWTH

Agnico-Eagle Mines Ltd. has signed an agreement with Cumberland Resources Ltd. under which Agnico-Eagle has agreed to make an exchange offer for all of the outstanding common shares of Cumberland not already owned by Agnico-Eagle. The company currently owns 2,037,000, or 2.6 per cent, of the outstanding shares of Cumberland on a fully diluted basis. All currency amounts are in U.S. dollars.