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| | Globeinvestor.com: Purchase of Shares of Yamana |
 | | Following completion of the transaction, which is expected to close on May 6, 2004, Santa Elina will continue to hold 27,235,713 shares of Yamana, representing approximately 28% of the outstanding shares of Yamana, and 15,942,856 common share purchase warrants. |
 | | Commenting on the transaction, Yamana's President and Chief Executive Officer Peter Marrone stated, "This transaction increases our public shareholder interest and moves control of the company into the marketplace. |
 | | Yamana also holds gold exploration properties in Argentina subject to an earn-in. |
| www.globeinvestor.com /servlet/WireFeedRedirect?cf=GlobeInvestor/config&vg=BigAdVariableGenerator&date=20030818&archive=ccnm&slug=0818008N (625 words) |
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