Barry Landen Guilty of Insider Trading

For Immediate Release Before the Court OSC

TORONTO - Justice Shamai of the Ontario Court of Justice today pronounced Barry Landen guilty of insider trading in securities of Agnico-Eagle Mines Ltd. Justice Shamai found that Mr. Landen, who was a senior officer of Agnico-Eagle in October 2003, traded in securities with insider information contrary to subsections 76(1) and 122(1)(c) of the Securities Act.

Justice Shamai found Mr. Landen not guilty of tipping Stephen Diamond. Mr. Diamond was found not guilty of insider trading.

Copies of Appendix A to the Information respecting charges against Barry Landen and Stephen Diamond are available on the OSC website at www.osc.gov.on.ca

 

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