GOLD: Update on Goldcorp, Probe deal

TORONTO – Agnico Eagle Mines has agreed to sell its 7.32 million common shares and 2.35 million share purchase warrants of Probe Mines to Goldcorp under terms of the latter's takeover offer. Agnico's shares, had it exercised its warrants, would have represented a 10.4% interest in Probe.

Agnico does not consider Probe to be a core asset, and the divestiture represents all of Agnico's interest in Probe. (AgnicoEagle.com)