Kootenay Silver, which trades on the TSX Venture Exchange, under the symbol KTN, is receiving an investment of $4,750,000 from Agnico-Eagle. The investment will consist of 6,250,000 units at a price of $0.76 per unit, with each unit consisting of 1 common share and one-half a warrant, with each full warrant exercisable at $1.08 for a 2 year period.