Agnico Eagle has acquired 5,750,000 common shares of Prism Resources from Trevali Mining at a price of approximately C$0.0174 per Common Share for total consideration of C$100K, representing approximately 11.07% of the issued and outstanding common shares on a non-diluted basis. Prism holds a 7.5% Net Profit Interest royalty on the Aurora and Sunday Lake claims, which form a part of Agnico Eagle’s Detour Lake mine property, including Zone 58N and other geologically prospective targets. Agnico Eagle is acquiring the Common Shares for investment purposes.
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