March 10 (Reuters) - Belo Sun Mining Corp BSX.TO :
* Announces additional strategic investment by Agnico Eagle Mines Limited
* Says Agnico Eagle will purchase a total of 11.68 million common shares at a
price of C$0.53 per share
* Agnico Eagle Mines entered subscription agreement to make an additional
strategic investment of C$6.19 million into Belo
* After investment, Agnico Eagle will own 74.18 million shares, or 19.95%, of
co's issued and outstanding shares on a non-diluted basis
* Intends to use the proceeds of the transaction to advance the detailed
engineering and development of the volta grande project
* Source text for Eikon ID:nCCNbTr8XS