Kootenay closes $4.75M Private Placement with Agnico-Eagle Mines Limited
Kootenay Silver Inc. announces the closing of a $4,750,000 private placement with Agnico-Eagle Mines Limited previously announced by the Company on April 23, 2013. An aggregate of 6,250,000 units at a purchase price of $0.76 per Unit were issued to Agnico-Eagle pursuant to the Private Placement, with each Unit consisting of one common share in the capital of the Company and one-half of one transferrable common share purchase warrant. Each Warrant entitles Agnico-Eagle to acquire one Common Share at an exercise price of $1.08 until April 26, 2015. All of the securities issued pursuant to the Private Placement are subject to a hold period until August 27, 2013.









