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AuRico Gold Inc Sells Endeavour Silver Shares
AuRico Gold Inc announced that it has sold its approximate 11.1% equity interest in Endeavour Silver Corp. (Endeavour), consisting of approximately 11million Endeavour common shares, on an underwritten block trade basis, for gross proceeds of $95 million (approximately $97 million). The syndicate was jointly led by CIBC, BMO Capital Markets and Dundee Securities Ltd.
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