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Aurion Resources Closes its $481-Million Sale to Agnico Eagle Mines

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Aurion Resources (AU.V) on Monday said it closed its $481-million sale to Agnico Eagle Mines (AEM.TO, AEM) for cash consideration of C$2.60 per Aurion share.

Aurion shares will be delisted from the TSX Venture Exchange in connection with the arrangement, said the company, and added that it will also apply to cease to be a reporting issuer under applicable Canadian securities laws.

Aurion Resources' shares were last seen unchanged at $2.59 on the TSX Venture Exchange, while Agnico Eagle Mines' shares were last seen up $12.82 to $240.23 on the Toronto Stock Exchange.

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