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EXHIBIT (9)(5)(vii)
FOR IMMEDIATE RELEASE
June 9, 2000
COEUR D'ALENE MINES CORPORATION ANNOUNCES
EXPIRATION OF CASH TENDER OFFER FOR 6% CONVERTIBLE
SUBORDINATED DEBENTURES DUE 2002
Coeur d'Alene, Idaho, June 9, 2000 - Coeur d'Alene Mines Corporation
(NYSE: CDE) today announced that the cash tender offer for its 6% Convertible
Subordinated Debentures due 2002 expired at Noon yesterday as scheduled. The
tender offer commenced on May 9, 2000. A total principal amount of $7,001,000
was tendered by Debenture holders and will be purchased by the Company at a
price of $720 per $1,000 principal amount.
Under the terms of the tender offer, Coeur d'Alene Mines Corporation was
not obligated to purchase any of the Debentures if less than a minimum of $10
million of principal amount was tendered. The Company elected to waive that
condition and will purchase all of the Debentures tendered.
Coeur d'Alene Mines Corporation is North America's leading low-cost
primary silver producer and a significant international producer of gold. The
Company has mining interests in Nevada, Idaho, Alaska, Chile, Bolivia and
Australia.
Contact: Michael A. Steeves PR00:10
Director of Investor Relations
Coeur d'Alene Mines Corporation
(208)769-8155
