TORONTO, March 28 /CNW/ - Agnico-Eagle Mines Limited announced today that it has filed a registration statement on Form F-10 to register resales in the United States of previously issued 4.50% convertible subordinated debentures due February 15, 2012 (the "Debentures") and the common shares issuable upon the conversion of such Debentures. The Debentures were issued and sold on a bought deal basis on February 15, 2002 and offered pursuant to Rule 144A under the United States Securities Act of 1933. The CUSIP number for the registered Debentures is 008474 AB 4. The Registration Statement contains a preliminary short form base shelf prospectus dated March 28, 2002 which was prepared in accordance with the shelf prospectus rules of the Province of Ontario and was filed with the Ontario Securities Commission and the United States Securities and Exchange Commission under the Canada-U.S. multijurisdictional disclosure system.
Agnico-Eagle Mines Limited is an established Canadian gold producer with operations located principally in Northwestern Quebec and exploration and development activities in Canada and the Southwestern United States. Agnico- Eagle's operating history includes almost three decades of gold production primarily from underground mining operations. The Company is focused on an expansion program at LaRonde that is expected to increase annual gold production and reduce cash costs to produce an ounce of gold. Current proven and probable mineral reserves stand at 3.3 million contained ounces, with an additional 5.2 million ounces in the mineral resource category at its LaRonde Mine.
For further information
David Garofalo, V.P. Finance & CFO, Agnico-Eagle Mines Limited, (416) 947-1212