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Stock impact report

Agnico Eagle Reiterates Offer to Acquire Alexandria Minerals Corporation at Substantial Premium to Offer by Chantrell

Agnico Eagle Mines Limited (AEM) 
Last agnico eagle mines limited earnings: 4/30 05:07 pm Check Earnings Report
Company Research Source: PR Newswire
Agnico Eagle Votes Against Chantrell TransactionStock Symbol: AEM (NYSE and TSX) TORONTO, June 24, 2019 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle") today reiterates that its previously announced offer (the "Agnico Proposal") for all the shares of Alexandria Minerals Corporation ("Alexandria") at $0.05 per share in cash or shares represents a substantial premium to the offer by Chantrell Ventures Corp. ("Chantrell") to be considered at a meeting of Alexandria shareholders scheduled to be held on June 28, 2019.  The board of directors of Alexandria has determined that the Agnico Proposal constitutes a "superior proposal" under the terms of the arrangement agreement dated May 14, 2019 (the "Chantrell Agreement") between Alexandria and Chantrell, entitling Alexandria to terminate the Chantrell Agreement if Chantrell does not match the Agnico Proposal.  Alexandria has announced that Chantrell's right to match the Agnico Proposal expires at 11:59 p.m. on Show less Read more
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