Brief: Agnico Eagle announces additional investment in Belo Sun

Belo Sun Mining

25/07/2016 13:30

July 25 (Reuters) - Agnico Eagle Mines Ltd  AEM.TO  
    * Announces additional investment in Belo Sun 
    * Says will pay Cdn.$0.85 per subject share, for total 
consideration of Cdn.$12.7 million 
    * To purchase 14.9 million common shares of Belo Sun 
pursuant to Belo Sun's previously announced underwritten public 
offering of 77.3 million common shares 
    * On closing of offering, co will own about 19.2 percent of 
issued and outstanding common shares of Belo Sun on a 
non-diluted basis 
 
Source text for Eikon:  ID:nPn7XNZJVa  
Further company coverage:  AEM.TO  
 
 ((Bengaluru Newsroom: +1 646 223 8780;))