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The South Financial Group Announces Dates for 4th .. Quarter 2008 Earnings Release and Conference Call
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CIT Receives Preliminary Approval for $2.33 Billi .. asury Pursuant to the Capital Purchase Program; E
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UCBH Holdings, Inc. Announces Opening of Brooklyn Chinatown Branch
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Recordati S.p.A.: Recordati S.p.A. : FINALIZES ITS ACQUISITION OF YENI ILAÇ IN TURKEY
Mon, December 22, 2008
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Camden Property Trust Announces Closing of Tender .. r Any and All of Certain Series Outstanding Notes
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PetroAlgae Retains Investor Relations International to Lead Shareholder Communications Program
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Mesa Royalty Trust Announces Trust Income for December 2008
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Schaeffer's Early Edge: American International Group Sells Unit at Fire-Sale Prices
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EastBridge Investment Group: EastBridge Investment Group's Management Update
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Wells Fargo Exceeds $3 Billion in Environmental Financing
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Moodys Corporation beteiligt sich mit einer Prsen .. ertainment, Media and Telecommunications Conferen
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Riassunto: Moodys Corporation far una presentazio .. Citi Global Entertainment, Media and Telecommuni
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Moodys Corporation sera prsente la confrence Tlco .. i Global Entertainment le 6 janvier 2009 Ph"nix e
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A.M. Best Affirms Rating of Aspen Insurance Limit .. nd Aspen Insurance UK Limited with Stable Outlook
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CIT Extends Expiration Date of Notes Exchange Offer
[ Mon, Dec 22nd 2008 ] - Market Wire
Unico American Corporation Approves Additional Repurchase of 500,000 Shares
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Pinnacle West Announces Organizational Changes Reporting to CFO
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Sun Metro, City of El Pasos Public Transit Agency, Extends Clean Energys LNG Fuel Contract
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Beacon Power Announces $4.4 Million Investment Commitment
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NexCen Brands Announces Expansion of Marble Slab Creamery into St. Lucia
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The Medipattern Corporation: Medipattern(R) Signs OEM Agreement With iPACS(TM) LLC
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Epochs Board of Directors Declares Special Cash Dividend
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Ventas Closes on Sale of Five Seniors Housing Assets to Emeritus
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Bank of Hawaii Corporation Declines to Participate in the U. S. Treasury Capital Purchase Program
Fri, December 19, 2008
[ Fri, Dec 19th 2008 ] - Market Wire
Morgan Stanley China A Share Fund, Inc. Declares .. d Dividend and Partial Retention of Capital Gains
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Maguire Properties Suspends Series A Preferred Stock Dividend
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Middlesex Water Company: NJBPU Approves New Rates for Pinelands Companies
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Bancorp Rhode Island Receives $30 Million as a Vo .. nt in the U.S. Treasurys Capital Purchase Program
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Breakwater Resources Ltd.: Breakwater Announces Sale of Lapa Royalty to Agnico-Eagle
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Seanergy Maritime Corp.: Seanergy Maritime Corp. .. es the Results of the 2008 Annual General Meeting
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Hawthorn Bancshares Completes $30 million Capital Purchase Transaction
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Advanced GE Technologies Help To Protect Travelers in Airports and in Flight
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Universal Insurance Holdings, Inc.: Universal Ins .. es the State of South Carolina Has Approved UPCIC
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Let's Talk Computers: Evan Tree From Logitech and .. ystems to Be Featured on Let's Talk Computers (R)
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Annapolis Bancorp, Inc. Receives Approval for $8 .. U.S. Treasury Department Capital Purchase Program
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Cross Atlantic Commodities Inc. Corporate Update
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Neuberger Berman Real Estate Securities Income Fu .. y Distribution and Reduction in Distribution Rate
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TCW Strategic Income Fund Declares Quarterly Distribution and Special Distribution
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United Community Financial Corp. Announces Agreem .. Butler Wick & Co., Inc. To Stifel Financial Corp.
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Security National Financial Corporation Authorizes 5% Stock Dividend
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ICICI Bank Board Appoints K. V. Kamath as Non-Exe .. chhar as Managing Director & CEO Effective May 1,
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Midwest Banc Holdings, Inc.: Midwest Banc Holdings, Inc. Elects New Chairman
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Exelon Makes Federal Energy Regulatory Commission .. Approval Filings for Proposed Acquisition of NRG
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Moody's Analytics bernimmt Enb Consulting
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Royce Micro-Cap Trust (NYSE: RMT) as of November 30, 2008
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Validus Holdings, Ltd. to Release Fourth Quarter .. r End 2008 Financial Results on February 12, 2009
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[ Tue, Dec 16th 2008 ] - Market Wire
AES Subsidiary Closes Financing on 156 MW St. Nikolas Wind Farm at Kavarna, Bulgaria
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10% of All US Homes Are in Pre-Foreclosure or For .. Associated Press. Time for Mortgage Modification.
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Eagle Plains Resources Ltd.: Eagle Plains Reports .. Drilling Results Released From Kalum Gold Project

Breakwater Resources Ltd.: Breakwater Announces Sale of Lapa Royalty to Agnico-Eagle


//business-finance.news-articles.net/content/200 .. ounces-sale-of-lapa-royalty-to-agnico-eagle.html
Published in Business and Finance on , Last Modified on 2008-12-19 12:18:28 by Market Wire   Print publication without navigation


TORONTO, ONTARIO--(Marketwire - Dec. 19, 2008) - Breakwater Resources Ltd. (TSX:BWR) has sold its 1.0 percent net smelter royalty (NSR) on all gold production from the Tonawanda property and its 0.5 percent NSR on all gold production from the Zulapa property to Agnico-Eagle Mines Limited for $6.25 million.

In 2003 Breakwater sold 100% of its Tonawanda and Zulapa gold properties (collectively the "Lapa property") to Agnico-Eagle. At the time, Breakwater retained the above noted NSRs on the Lapa property.

Breakwater is a mining, exploration and development company which produces and sells zinc, copper, lead and gold concentrates to customers around the world. The Company's concentrate production is derived from three mines in Chile, Honduras and Canada. Breakwater's Langlois mine in Quebec, Canada is currently on temporary care and maintenance.



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