BRIEF-Agnico Eagle announces additional investment in Belo Sun

Mon Jul 25, 2016 8:52am EDT
 
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July 25 (Reuters) - Agnico Eagle Mines Ltd

* Announces additional investment in Belo Sun

* Says will pay Cdn.$0.85 per subject share, for total consideration of Cdn.$12.7 million

* To purchase 14.9 million common shares of Belo Sun pursuant to Belo Sun's previously announced underwritten public offering of 77.3 million common shares

* On closing of offering, co will own about 19.2 percent of issued and outstanding common shares of Belo Sun on a non-diluted basis Source text for Eikon: Further company coverage: