Agnico-Eagle Mines Ltd.(increases interest in Mentor Exploration and Development Corp.)(Brief...

* Toronto-based Agnico-Eagle Mines Ltd is increase its interest in Mentor Exploration and Development Co. Ltd from 49.5% to 100%. Under the terms of the deal, the remaining 50.5% will be acquired on the basis of 0.21 Agnico shares for each Mentor common share. This will result in the issue of approximately 369,000 Agnico shares, valuing the deal at around C$5.7 million based on Agnico's closing share price of C$15.53 this Monday (September 10), the date the deal was announc