The TSX Venture Exchange has accepted for filing documentation in connection with an arrangement agreement between Cayden Resources Inc. and Agnico Eagle Mines Ltd. dated Sept. 8, 2014, pursuant to which Agnico has agreed to acquire all of the issued and outstanding common shares of Cayden, including common shares issuable under outstanding stock options and warrants. Under the agreement, each Cayden shareholder will be entitled to receive 0.09 of an Agnico common share and one cent for each common share of Cayden held. The exchange has been advised that approval of the transaction by the Cayden shareholders was received at a special meeting of the securityholders held on Oct. 27, 2014, and that approval of the transaction was received from the Supreme Court of British Columbia on Oct. 29, 2014. The full particulars of the transaction are set forth in the Cayden information circular, dated as of Sept. 26, 2014.
In conjunction with the closing of the transaction, Cayden has requested that its common shares be delisted. Accordingly, effective at the close of business on Friday, Nov. 28, 2014, the common shares of Cayden will be delisted from the exchange.