The Company is also pleased to announce that, subsequent to the completion of the Offering, Agnico Eagle (NYSE: AEM ) Mines Limited (" Agnico Eagle ") acquired, pursuant to an agreement among Agnico Eagle and an arm's length third party, an aggregate of 33,821,842 common shares in the capital of the Company (" Common Shares "). Following this transaction, Agnico Eagle now beneficially owns an aggregate of 74,674,257 Common Shares, representing 19.9% of the Company's issued and outstanding Common Shares.