Euro-Nevada plans to issue warrants

Euro-Nevada Mining (TSE) says it has an agreement with two securities firms to issue 1.5 million special warrants at $18.75 per warrant. The agreement, subject to regulatory approval, is with First Marathon Securities and Gordon Capital.

Each special warrant will be convertible into a common share and one-half warrant to purchase an additional common share, exercisable for three years, at $21.50 per share.

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