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Agnico-Eagle Mines Ltd.

04:27 PM EST - Agnico-Eagle Mines Ltd. : a mid-sized gold producer with operations in Quebec, Finland, the U.S. and Mexico, says it has acquired 6.1 million share and half-warrant units of Forum Uranium Corp. in a private placement for $3 million in cash. The transaction, announced Monday, raises Agnico's stake in Forum to 12.75 percent. Agnico-Eagle Mines Ltd. shares T.AEM are trading up $2.65 at $70.65.