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To: Goose94 who wrote (9059)9/9/2014 10:07:21 AM
From: Goose94Read Replies (1) | Respond to of 203026
 
CYD-V new 52 week high, $3.45



To: Goose94 who wrote (9059)10/28/2014 7:58:54 AM
From: Goose94Read Replies (1) | Respond to of 203026
 
Cayden Resources (CYD-V) Oct 28, '14 is pleased to announce that the plan of arrangement, pursuant to which Agnico Eagle Mines (AEM-T) will acquire all of the issued and outstanding common shares of the Company, including common shares issuable on the exercise of outstanding options and warrants of the Company, was approved by shareholders and other securityholders of Cayden at the special meeting of Cayden securityholders held on October 27, 2014. At the meeting, approximately 99.0% of the votes cast by Cayden securityholders, voting as a single class, and 98.5% of the votes cast by Cayden shareholders (excluding the votes cast by those persons whose votes were excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions for the purposes of obtaining minority approval) were voted in favour of the Arrangement.

The Arrangement


Under the Arrangement, Cayden shareholders will be entitled to receive 0.09 of an Agnico Eagle share and C$0.01 for each Cayden common share held. Cayden is seeking a final order of the Supreme Court of British Columbia to approve the Arrangement at a hearing expected to be held on October 29, 2014. In addition to the approval of the court, the Arrangement is subject to Mexican anti-trust approval and the satisfaction of other closing conditions customary in a transaction of this nature. Cayden and Agnico Eagle are actively pursuing the receipt of Mexican anti-trust approval. It is currently expected that, subject to receipt of all approvals, the transaction will close around the end of 2014.

Full details of the Arrangement and certain other matters are set out in the management information circular of Cayden dated September 26, 2014 (the "Information Circular"). A copy of the Information Circular and other meeting materials can be found on Cayden's website at www.caydenresources.com or on SEDAR at www.sedar.com.

About Cayden

Cayden is a Canadian based exploration company focused on the discovery, financing, and monetization of precious metal assets in two favorable mining jurisdictions in Mexico. The management team of Cayden is highly experienced and has a record of success in the mineral exploration business.

About Agnico Eagle

Agnico Eagle is a senior Canadian gold mining company that has produced precious metals since 1957. Its nine mines are located in Canada, Finland and Mexico, with exploration and development activities in each of these regions as well as in the United States. Agnico Eagle and its shareholders have full exposure to gold prices due to its long-standing policy of no forward gold sales. Agnico Eagle has declared a cash dividend every year since 1983.



SOURCE Cayden Resources Inc.

For further information: regarding Cayden, contact Ivan Bebek - President and CEO, or Jay Adelaar, Manager of Investor Relations, at (778) 729-0600 or visit www.caydenresources.com.