NewsWhat does everyone think about the words OTHER PURPOSES?
Reuters
Agnico-Eagle closes share offering
Thursday November 14, 10:30 am ET
(Figures in US unless noted)
TORONTO, Nov 14 (Reuters) - Agnico-Eagle Mines Ltd (Toronto:AGE.TO - News) said on Thursday it had closed a $192 million (C$303 million) public offering of shares and warrants that would be used to fund acquisitions, capital expenses and for other purposes.
The mid-tier Canadian gold miner, known for its flagship LaRonde mine in Quebec, said each whole warrant allowed holders to buy one common share for $19 per share.
Shares in the company were up 18 Canadian cents at C$19.18 on the Toronto Stock Exchange in early trading.
($1=1.58 Canadian) (Reuters Toronto newsroom +416-941-8101, toronto.newsroom@reuters.com)