Agnico-Eagle announced today that it has acquired the remaining 5,032,139 common shares of Grayd Resource not already owned by Agnico-Eagle, representing approximately 5.23% of the outstanding Shares on a fully-diluted basis, pursuant to a previously announced compulsory acquisition carried out under the provisions of the Business Corporations Act [...]
Standard & Poor's will make the following changes in the S&P/TSX Venture Composite and Select Indices: The shares of Grayd Resource Corp. will be removed from the S&P/TSX Venture Composite Index after the close of trading on Thursday, December 15, 2011. The company has been acquired by Agnico-Eagle Mines Limited through an Acquisition Agreement for [...]
Agnico-Eagle and Grayd announced today that 91,228,900 common shares of Grayd, representing approximately 94.77% of the outstanding Shares on a fully-diluted basis, have been validly deposited pursuant to the offer made by Agnico-Eagle to acquire all of the issued and outstanding Shares. All conditions of the Offer have been satisfied and the Offer [...]
Agnico-Eagle and Grayd jointly announced today that they have agreed to amend the acquisition agreement dated September 19, 2011 and Agnico-Eagle will amend the offer made by Agnico-Eagle for all of the outstanding shares of Grayd dated October 13, 2011 to double the maximum amount of cash available under the Offer to approximately $183 million [...]
Grayd Resource Corp acknowledges that Agnico-Eagle Mines has issued a press release disclosing certain developments concerning Agnico's Goldex Mine. The Board and management of Grayd are currently reviewing and evaluating the contents of the news release with Grayd's legal and financial advisors. Once the Board and management have concluded their [...]
Agnico-Eagle and Grayd jointly announced today that Agnico-Eagle has formally commenced its previously announced take-over bid to acquire all of the outstanding common shares of Grayd at a price of $2.80 per share. The Offer represents a premium of 65.7% to the volume weighted average price of Grayd shares on the TSXV for the 20-day period ended [...]
Agnico-Eagle and Grayd jointly announce that they have entered into an acquisition agreement, pursuant to which Agnico-Eagle has agreed to offer to acquire all of the outstanding common shares of Grayd at $2.80 per share by way of a take-over bid. The transaction is valued at approximately $275 million on a fully-diluted basis. The offer [...]
Grayd announces the latest assay results from ongoing drilling at Tarachi, part of its 100% owned La India Property in Sonora, Mexico. New drilling has further expanded the mineralized zone at Tarachi which is now delineated over two square kilometres. These new results identify two new zones of higher grade material, located 150 to 1,500 metres [...]
Grayd is pleased to announce that it has doubled its land position at the La India Gold Project in Sonora, Mexico. The company recently acquired an additional 15 claims covering approximately 27,000 hectares through staking and three new option agreements. The addition of these new claims makes Grayd the largest mineral title holder in the Mulatos [...]
Grayd announces results from ongoing drilling at Tarachi, part of its 100% owned La India Property in Sonora. The highlight is RC-11-611, which was drilled across a higher grade zone and intersected 117.3 m averaging 1.7 g/t Au within a wider zone of mineralization of 253.0 metres at 0.9 g/t Au. Gold mineralization has now been traced from surface [...]
