Feb 24 (Reuters) - Otis Gold Corp OOO.V
* Otis Gold - Agnico Eagle Mines agreed to acquire, by private placement, 14.42 million shares of co at price of $0.35 per common share
* On closing of transaction, agnico will own approximately 9.95% of issued and outstanding common shares on a non-diluted basis
* Otis Gold Corp - proceeds from transaction shall be primarily used for exploration at Kilgore gold project located in Clark County, Idaho Source text for Eikon: ID:nMKW4Jv8ca Further company coverage: OOO.V