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CALGARY, July 18 /CNW/ - Comaplex Minerals Corp. ("Comaplex") (TSX:CMF)
was recently advised by Agnico-Eagle Mines Limited (Agnico-Eagle) that it has
agreed to purchase 7,628,571 common shares of Comaplex in a private
transaction from Troy Resources NL. After the agreement closes, Agnico-Eagle
will become the largest shareholder in Comaplex with an interest of 8,228,571
common shares, approximately 15.6 percent of common shares outstanding.
Agnico-Eagle has advised that the shares were acquired for investment
purposes only. It has no present intention to acquire further Comaplex common
shares and may from time to time increase or decrease its ownership of or
control over securities of Comaplex in response to market conditions, the
business and prospects of Comaplex, or other factors.
The Board of Directors and Management of Comaplex welcome Agnico-Eagle as
its new major shareholder.
The TSX has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
For further information:
For further information: George F. Fink, President and CEO, (403)