FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the Month of November 2002
---------------------------------------------------------------
Commission File Number
----------------------------------------------------------
Agnico-Eagle Mines Limited
--------------------------------------------------------------------------------
(Translation of registrant's name into English)
145 King Street East, Suite 500, Toronto, Ontario, Canada M5C 2Y7
--------------------------------------------------------------------------------
[Indicate by check mark whether the registrant files or will file
annual reports under cover Form 20F or Form 40-F.]
Form 20-F X Form 40-F
----------- -----------
[Indicate by check mark whether the registrant by furnishing the
information contained in this Form is also thereby furnishing the information to
the Commission pursuant to Rule 12g3- 2(b) under the Securities Exchange Act of
1934.
Yes No X
----------- -----------
[If "Yes" is marked, indicate below the file number assigned to the
registrant in connection with Rule 12g3-2(b):82- ]
---------
Stock Symbols: AEM (NYSE) For further information:
AGE (TSE) David Garofalo, VP Finance and CFO
(416) 847-3708
FOR IMMEDIATE RELEASE
AGNICO-EAGLE CLOSES OFFERING OF COMMON SHARES AND WARRANTS
TORONTO, November 14, 2002 - Agnico-Eagle Mines Limited
("Agnico-Eagle") today announced that it has closed its US$192 million public
offering of 13,800,000 common shares and 6,900,000 common share purchase
warrants in Canada and the United States, including common shares and warrants
issuable under the underwriters' over-allotment option. Each whole warrant
entitles the holder to purchase one common share at a price of US$19 per common
share at any time during the five year term of the warrant. The warrants will
trade in United States dollars on both the Toronto Stock Exchange, under the
symbol AGE.WT.U, and on the Nasdaq National Market, under the symbol AEMLW. The
joint-lead managers and joint-bookrunners of the underwriting syndicate were
Merrill Lynch & Co. and TD Securities Inc. Co-managers were Scotia Capital Inc.,
Yorkton Securities Inc., CIBC World Markets Inc., Salomon Smith Barney Canada
Inc., Dundee Securities Corporation and Sprott Securities Inc. The net proceeds
of the offering will be used to fund future potential acquisitions, capital
expenditures and for other general corporate purposes.
As previously announced, Agnico-Eagle has also filed a US$500 million
unallocated shelf prospectus in each of the provinces of Canada and the United
States and a prospectus supplement relating to the offering of common shares on
the exercise of the warrants in the United States.
Agnico-Eagle is an established Canadian gold producer with operations
located principally in northwestern Quebec and exploration and development
activities in Canada and the southwestern United States. Agnico-Eagle's
operating history includes three decades of continuous gold production,
primarily from underground mining operations. Current proven and probable
reserves stand at 3.3 million contained ounces, with an additional 5.2 million
ounces in the mineral resource category at LaRonde.
This press release contains certain "forward-looking statements"
(within the meaning of the United States Private Securities Litigation Reform
Act of 1995) that involve a number of risks and uncertainties. There can be no
assurance that such statements will prove to be accurate; actual results and
future events could differ materially from those anticipated in such statements.
Risks and uncertainties are disclosed under the heading "Risk Factors" in the
Company's Annual Information Form (AIF) filed with Canadian securities
regulators (including the Ontario and Quebec Securities Commissions) and with
the United States Securities and Exchange Commission (on Form 20-F).
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of these securities
in any state in which such offer, solicitation or sale would be unlawful prior
to the registration or qualification under the securities laws of any such
state.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
AGNICO-EAGLE MINES LIMITED
Date: November 14, 2002 By: /s/ David Garofalo
--------------------------------------
David Garofalo
Vice President, Finance and Chief
Financial Officer