Agnico-Eagle clarifies status of filings in connection with its recommended exchange offer to the shareholders of Riddarhyttan
July 28 2005 - 12:30PM
PR Newswire (US)
Agnico-Eagle clarifies status of filings in connection with its
recommended exchange offer to the shareholders of Riddarhyttan
Stock Symbols: AEM (NYSE) AGE (TSX) TORONTO, July 28
/PRNewswire-FirstCall/ -- Agnico-Eagle Mines Limited announced
today that it expects that the Swedish Financial Supervisory
Authority will complete its review of Agnico-Eagle's offer document
in connection with Agnico-Eagle's previously-announced recommended
exchange offer to the shareholders of Riddarhyttan Resources AB
(publ), a Swedish public company, within the next few days. As soon
as practicable following completion of the Swedish FSA's review of
the offer document, Agnico-Eagle will file an amendment to its
registration statement on Form F-4, which includes the offer
document, with the U.S. Securities and Exchange Commission, and
will request that the registration statement be declared effective
by the SEC. After the registration statement is declared effective
by the SEC, the offer document will be mailed to the shareholders
of Riddarhyttan. 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. 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. 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,
such as final approval of the FSA and the effective date of the
registration statement filed with the SEC, 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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