AGNICO-EAGLE COMPLETES TENDER OFFER FOR RIDDARHYTTAN; TO INITIATE COMPULSORY ACQUISITION OF REMAINDER
Toronto (November 9, 2005) - Agnico-Eagle Mines Limited (“Agnico-Eagle”) announced today that it has completed its tender offer relating to the acquisition of Riddarhyttan Resources AB (publ) (“Riddarhyttan”). During the final tender period, an additional 712,320 shares of Riddarhyttan were tendered to its offer to acquire all the outstanding shares of Riddarhyttan not owned by Agnico-Eagle, representing 0.7% of the outstanding shares and voting rights of Riddarhyttan. Together with the 102,168,631 shares already owned by Agnico-Eagle, representing 96.6% of the outstanding shares and voting