Agnico Eagle Mines Limited says it has successfully completed the previously announced plan of arrangement with Rupert Resources Ltd. The companies state that, under the arrangement approved under the Business Corporations Act (British Columbia), Agnico Eagle acquires all of Rupert’s issued and outstanding shares. With the closing, the arrangement is treated as completed as planned, bringing the acquisition to an end. The Financial Post and Winnipeg Free Press both report the completion of the transaction, indicating that the earlier announcement is now finalized. The reports do not introduce conflicting terms or suggest changes from what was previously disclosed; instead, they describe the closing as the final step in the agreed process. The companies’ announcement references the arrangement’s completion date and confirms that the acquisition proceeds as set out in the prior agreement. Following completion, Agnico Eagle holds Rupert’s shares pursuant to the arrangement, concluding the corporate restructuring associated with the deal.
Agnico Eagle completes acquisition of Rupert Resources, ending planned arrangement
Agnico Eagle Mines Limited says it has successfully completed the previously announced plan of arrangement with Rupert Resources Ltd. The companies state that, under the arrangement approved under the...
- Agnico Eagle and Rupert Resources report the successful completion of a previously announced plan of arrangement.
- The arrangement is completed under the Business Corporations Act (British Columbia).
- Under the arrangement, Agnico Eagle acquires all issued and outstanding shares of Rupert.
- Both outlets report the acquisition closing as the final step of the previously announced deal.
TORONTO — Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) (“Agnico Eagle”) and Rupert Resources Ltd (TSX: RUP, OTCQX: RUPRF, FSE:R05) (“Rupert”) today announced the successful completion of the previously-announced plan of arrangement (the “Arrangement”) under the provisions of the Business Corporations Act (British Columbia) pursuant to which, among other things, Agnico Eagle acquired all […]
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