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Grayd Resources acquired by Agnico-Eagle Mines for $275 million

Michael Allan McCrae | September 19, 2011 | 3:10 pm Precious Metals Europe Latin America Gold Silver 

Agnico Eagle Mines (TSE:AEM) announced on Monday that it had acquired Grayd Resources (CVE:GYD) for $275 million. Grayd is a junior exploration and development company with gold and silver projects in Mexico. Agnico said the offer price of $2.80 per...

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