AuRico Gold Sells Shares of Endeavour Silver for $97M
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.
© 2014 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.