Item 3.02. Unregistered Sales of Equity Securities.
Pursuant to privately-negotiated agreements dated June 8, 2009, Coeur d'Alene Mines Corporation (the "Company") agreed to exchange $15,916,000 aggregate principal amount of its 1.25% Convertible Senior Notes due 2024 (the "2024 Notes") and $8,475,000 of its 3.25% Convertible Senior Notes due 2028 (the "2028 Notes" and, with the 2024 Notes, the "Notes") for a number of shares of its common stock, par value $0.01 (the "Common Stock") calculated as set forth below. The Company initially will issue 1,505,211 shares of Common Stock (the "Initial Shares") in connection with such agreements.
In connection with the exchange of the 2024 Notes, the Company will issue an additional number of shares equal to the excess over 1,062,981 of the number of shares of Common Stock equal to (a) (i) $14,284,610, plus 100% of the accrued and unpaid interest on the 2024 Notes through June 8, 2009, divided by (ii) 97%, divided by (b) the lesser of (i) $13.93 and (ii) the arithmetic mean of the volume-weighted average price for the Company's Common Stock for each of the ten consecutive trading days commencing the day after the Initial 2024 Shares are issued.
In connection with the exchange of the 2028 Notes, the Company will issue an additional number of shares equal to the excess over 442,230 of the number of shares of Common Stock equal to (a) (i) $5,911,312.50, plus 100% of the accrued and unpaid interest on such 2028 Notes through June 8, 2009, divided by
(ii) 97%, divided by (b) the lesser of (i) $13.93 and (ii) the arithmetic mean of the volume-weighted average price for the Company's Common Stock for each of the ten consecutive trading days commencing the day after the Initial 2028 Shares are issued. The Company expects the Initial Shares to be issued on or about June 12 and any additional shares to be issued on or about June 23. Pursuant to an additional privately-negotiated agreement dated June 8, 2009, the Company agreed to exchange $9,000,000 of its 3.25% Convertible Senior Notes due 2028 for an aggregate number of shares of its Common Stock equal to (a) $6,210,000, plus 100% of the accrued and unpaid interest on such notes, divided by (b) (i) the arithmetic mean of the volume-weighted average price for the Company's Common Stock for each day between June 9, 2009 and June 15, 2009
(ii) divided by 1.05. The Company expects these shares to be issued on or about June 17. The Company will issue all shares pursuant to the exemption from the registration requirements afforded by Section 3(a)(9) of the Securities Act of 1933, as amended.

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