Market Overview

AuRico Gold Sells Shares of Endeavour Silver for $97M

Related AUQ
Benzinga's M&A Chatter for Monday April 13, 2015
Morning Market Gainers
Merger Arbitrage Mondays - April 20, 2015 (Seeking Alpha)
Related EXK
Separating The Precious Metals Saints From The Sinners
Worst Performing Industries For April 2, 2015

AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico Gold" or "the Company") today announced that it has sold its approximate 11.1% equity interest in Endeavour Silver Corp. ("Endeavour"), consisting of approximately 11 million Endeavour common shares, on an underwritten block trade basis, for gross proceeds of C$95 million (approximately US$97 million). The syndicate was jointly led by CIBC, BMO Capital Markets and Dundee Securities Ltd.

Posted-In: News Asset Sales


Related Articles (EXK + AUQ)

Around the Web, We're Loving...