Comaplex, Agnico-Eagle extend exclusivity periodComaplex, Agnico-Eagle extend exclusivity period
2010-04-19 19:52 ET - News Release
Also News Release (C-AEM) Agnico-Eagle Mines Ltd
Mr. George Fink of Comaplex reports
COMAPLEX AND AGNICO-EAGLE ANNOUNCE EXTENSION OF EXCLUSIVITY PERIOD
Comaplex Minerals Corp. and Agnico-Eagle Mines Ltd. have extended the exclusivity period under their previously announced agreement in principle whereby Agnico-Eagle would acquire all the shares of Comaplex that it does not already own. The exclusivity period has been extended from April 19, 2010, to May 3, 2010, to allow the parties to complete due diligence and documentation.
The support agreement between Perfora and Agnico-Eagle pursuant to which Perfora has agreed to, among other things, support the transaction and vote all of the shares it holds in Comaplex in favour of it, has been similarly extended. The transaction remains subject to due diligence, the negotiation and board approval of the definitive acquisition agreement, and the negotiation of support agreements with the directors and officers of Comaplex. The transaction is also subject to approval by Comaplex shareholders and court and regulatory approval.
We seek Safe Harbor.