Agnico-Eagle Mines Limited
March 18 2004 - 4:30PM
PR Newswire (US)
Agnico-Eagle Mines Limited Stock Symbols: AEM (NYSE) AGE (TSX)
TORONTO, March 18 /PRNewswire-FirstCall/ -- Agnico-Eagle Mines
Limited announced today that Staff of the Ontario Securities
Commission have advised the Company by letter dated March 17, 2004
that Commission Staff are contemplating commencing proceedings
against the Company and some members of management in relation to
the timing and content of the Company's disclosure concerning the
rock fall that occurred at Agnico's LaRonde mine in Quebec early
2003. The rock fall was announced by press release dated March 31,
2003. The Board of Directors of the Company met today to discuss
the matter and investigate the issues arising out of the
Commission's letter. The Company intends to co-operate fully with
the Ontario Securities Commission and will respond as soon as
practical to the Commission's letter. DATASOURCE: Agnico-Eagle
Mines Limited CONTACT: James D. Nasso - Chairman, Agnico-Eagle
Mines Limited, (416) 947-1212
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