AuRico Sells Endeavour Shares TORONTO, Oct. 17, 2012 /CNW/ - AuRico Gold Inc. (TSX:AUQ.TO - News) (NYSE:AUQ - News), ("AuRico Gold" or "the Company") today announced that it has sold its approximate 11.1% equity interest in Endeavour Silver Corp. ("Endeavour"), consisting of approximately 11 million Endeavour common shares, on an underwritten block trade basis, for gross proceeds of C$95 million (approximately US$97 million). The syndicate was jointly led by CIBC, BMO Capital Markets and Dundee Securities Ltd.
About AuRico Gold
AuRico Gold is a leading Canadian gold producer with a diversified portfolio of three high quality mines and projects in North America that have significant production growth and exploration potential. AuRico's core operations include the Ocampo mine in Chihuahua State, the El Chanate mine in Sonora State and the Young-Davidson gold mine in northern Ontario, which declared commercial production on September 1st, 2012. AuRico's strong project pipeline also includes several advanced development opportunities in Mexico and British Columbia. AuRico's head office is located in Toronto, Ontario, Canada.