Agnico-Eagle files offer document with the U.S. Securities and Exchange Commission in connection with its recommended exchange o
June 14 2005 - 10:27AM
PR Newswire (US)
Agnico-Eagle files offer document with the U.S. Securities and
Exchange Commission in connection with its recommended exchange
offer to the shareholders of Riddarhyttan /NOT FOR DISTRIBUTION TO
NEWS WIRE SERVICES OR FOR DISSEMINATION IN AUSTRALIA OR JAPAN. THE
OFFER IS NOT BEING MADE TO PERSONS WHOSE PARTICIPATION REQUIRES
FURTHER PROSPECTUSES, FILINGS OR OTHER MEASURES IN ADDITION TO
THOSE REQUIRED UNDER SWEDISH AND U.S. LAW./ TORONTO, June 14
/PRNewswire-FirstCall/ -- Agnico-Eagle Mines Limited announced that
it has filed an offer document as part of a registration statement
filed with the U.S. Securities and Exchange Commission. The offer
document describes the previously-announced recommended exchange
offer to the shareholders of Riddarhyttan Resources AB (publ), a
Swedish public company, for all of the outstanding shares of
Riddarhyttan not currently owned by Agnico-Eagle. As soon as
practicable following completion of the review of the offer
document by the SEC and Swedish regulatory authorities, the offer
document will be mailed to the shareholders of Riddarhyttan.
Agnico-Eagle has obtained an exemption from the requirement under
applicable Swedish rules that the offer document be presented no
later than five weeks following the issuance of the press release
announcing the offer. The acceptance period for the offer will be
open for a minimum period of 20 business days following the mailing
of the offer document to Riddarhyttan shareholders. The shares of
Agnico-Eagle are listed on the New York Stock Exchange and the
Toronto Stock Exchange. The shares of Riddarhyttan are listed on
the O-list of the Stockholm Stock Exchange. Agnico-Eagle currently
owns 14,763,669 Riddarhyttan shares, representing approximately 14%
of the shares of Riddarhyttan. U.S. Shareholders Agnico-Eagle has
filed with the SEC a registration statement on Form F-4 containing
an offer document regarding the offer, but the registration
statement has not yet become effective. The Agnico-Eagle shares to
be issued in the offer may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes
effective. This press release does not constitute an offer to
purchase or sell or a solicitation of an offer to sell or purchase
shares of Riddarhyttan or Agnico-Eagle to any person in the United
States of America, its possessions and other areas subject to its
jurisdiction or to, or for the account or benefit of a U.S. person
(as defined in Regulation S under the United States Securities Act
of 1933, as amended). The offer will be made to those persons
solely under the offer document that is part of the registration
statement, when the offer document becomes available. Investors and
stockholders are advised to read the offer document and other
documents relating to the offer carefully when the documents become
available, because they will include important information
regarding the offer. At that time, investors and stockholders may
obtain a free copy of the offer document and certain other
documents relating to the offer from the SEC's website at
http://www.sec.gov/. Free copies of these documents can also be
obtained by directing a request to Agnico-Eagle. YOU SHOULD READ
THE OFFER DOCUMENT AND OTHER DOCUMENTS RELATING TO THE OFFER
CAREFULLY BEFORE MAKING A DECISION CONCERNING THE OFFER. UK
Information This press release has been approved solely for the
purposes of Section 21 of the Financial Services and Markets Act
2000 by Citigroup Global Markets Limited of Citigroup Centre, 33
Canada Square, Canary Wharf, London E14 5LB. Citigroup Global
Markets Limited is acting for Agnico-Eagle and no one else in
connection with the Offer and will not be responsible to any other
person for providing the protections afforded to clients of
Citigroup Global Markets Limited or for providing advice in
relation to the Offer. Forward-Looking Statements Certain
statements contained in this news release constitute "forward-
looking statements" within the meaning of the United States Private
Securities Litigation Reform Act of 1995. In this news release, the
words "anticipate", "expect", "estimate", "forecast", "plan" and
similar words and expressions are intended to identify
forward-looking statements. Such statements reflect Agnico-Eagle's
views at this time with respect to future events and are subject to
certain risks, uncertainties and assumptions. Many factors could
cause the actual results to be materially different from those
expressed or implied by such forward-looking statements, including,
among others, those discussed under the heading "Risk Factors" in
Agnico-Eagle's Annual Information Form and Annual Report on Form
20-F for the year ended December 31, 2004. Agnico-Eagle does not
intend, and does not assume any obligation, to update these
forward-looking statements. About Agnico-Eagle Agnico-Eagle is a
long-established Canadian gold producer with operations located in
northwestern Quebec and exploration and development activities in
Canada, the United States and Mexico. Agnico-Eagle's LaRonde Mine
in Quebec is Canada's largest gold deposit. The Company has full
exposure to higher gold prices consistent with its policy of no
forward gold sales. It has paid a cash dividend for 25 consecutive
years. DATASOURCE: Agnico-Eagle Mines Limited CONTACT: David Smith,
Director, Investor Relations, (416) 947-1212
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