Agnico Eagle & Kirkland Lake GOLD Announce Receipt of Firb Approval, Anticipated Closing Date FOR Merger and Notice of Release of Agnico Eagle’S Fourth Quarter and Full Year 2021 Results
AGNICO EAGLE & KIRKLAND LAKE GOLD ANNOUNCE RECEIPT OF FIRB APPROVAL,
ANTICIPATED CLOSING DATE FOR MERGER AND NOTICE OF RELEASE OF AGNICO
EAGLE’S FOURTH QUARTER AND FULL YEAR 2021 RESULTS
Toronto (February 1, 2022) – Agnico Eagle Mines Limited (TSX:AEM, NYSE:AEM) (“Agnico
Eagle”) and Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA) (“Kirkland Lake Gold”) are
pleased to announce that approval has been received from Australia’s Foreign Investment Review
Board (“FIRB Approval”) regarding the proposed merger of equals between Agnico Eagle and
Kirkland Lake Gold (the “ Merger”) by way of a plan of arrangement under the Business
Corporations Act (Ontario). Agnico Eagle also announces that it will release its fourth quarter and
full year 2021 results on Wednesday, February 23, 2022, after normal trading hours.
FIRB Approval and Anticipated Closing Date
FIRB Approval is the final key regulatory approval needed in order to permit closing of the Merger.
The parties anticipate that the closing date of the Merger will occur on or about February 8, 2022,
subject to customary closing conditions.
Fourth Quarter and Full Year 2021 Results
Agnico Eagle will release its fourth quarter and full year 2021 results on Wednesday, February
23, 2022, after normal trading hours.
Fourth Quarter and Full Year 2021 Results Conference Call and Webcast
Agnico Eagle's senior management will host a conference call on Thursday , February 24, 2022
at 11:00 AM (Eastern time) to discuss Agnico Eagle's fourth quarter and full year financial and
operating results, as well as operating plans following completion of the Merger.
Via Webcast:
A live audio webcast of the conference call will be available on Agnico Eagle' s website at
www.agnicoeagle.com.
Via Telephone:
For those preferring to listen by telephone, please dial 416-764-8659 or toll-free 1-888-664-6392.
To ensure your participation, please call approximately five minutes prior to the scheduled start
of the call.
Replay archive:
Please dial 1-416-764-8677 or toll-free 1-888-390-0541, access code 093746#. The conference
call replay will expire on Friday, March 25, 2022.
The webcast along with presentation slides will be archived for 180 days on Agnico Eagle' s
website.
Other 2022 Results Dates
Agnico Eagle's financial statement and operating results for 2022 are scheduled to be released
as follows, after normal trading hours:
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First Quarter – Thursday, April 28, 2022
Second Quarter – Wednesday, July 27, 2022
Third Quarter – Wednesday, October 26, 2022
Agnico Eagle's Annual General Meeting of Shareholders is scheduled to be held on Friday, April
29, 2022 at 11:00 AM (Eastern time).
About Agnico Eagle Mines Limited
Agnico Eagle is a senior Canadian gold mining company, producing precious metals from
operations in Canada, Finland and Mexico. It has a pipeline of high -quality exploration and
development projects in these countries as well as in the United States and Colombia. Agnico
Eagle is a partner of choice within the mining industry, recognized globally for its leading
environmental, social and governance pract ices. The Company was founded in 1957 and has
consistently created value for its shareholders, declaring a cash dividend every year since 1983.
For further information regarding Agnico Eagle, contact Investor Relations at
[email protected] or call (416) 947-1212.
About Kirkland Lake Gold Ltd.
Kirkland Lake Gold is a low -cost senior gold producer operating in Canada and Australia t hat
produced 1,432,616 ounces in 2021. The production profile of Kirkland Lake Gold is anchored by
three high-quality operations, including the Macassa Mine and Detour Lake Mine, both located in
Northern Ontario, and the Fosterville Mine located in the state of Victoria, Australia. Kirkland Lake
Gold’s solid base of quality assets is complemented by district scale exploration potential,
supported by a strong financial position, extensive management expertise and an overriding
commitment to safe, responsible mining.
For further information regarding Kirkland Lake Gold, contact Anthony Makuch, President, Chief
Executive Officer & Director at [email protected] or call +1 416-840-7884; or Mark Utting, Senior
Vice President, Investor Relations at [email protected] or call +1 416-840-7884.
Cautionary Note Regarding Forward-Looking Information
The information in this news release has been prepared as at February 1, 2022 . Certain
statements in this news release, referred to herein as “forward- looking statements”, constit ute
“forward-looking statements” within the meaning of the United States Private Securities Litigation
Reform Act of 1995 and “forward-looking information” under the provisions of Canadian provincial
securities laws. These statements can be identified by t he use of words such as “anticipate”,
“could”, “expect”, “may”, “would” or the negative of such terms and similar expressions. Such
statements include: the timing of the effective date of the Merger; and the ability of Agnico Eagle
and Kirkland Lake Gold to satisfy the other conditions to the Merger.
Forward-looking statements are necessarily based upon a number of factors and assumptions
that, while considered reasonable by Agnico Eagle and Kirkland Lake Gold as of the date of such
statements, are inherently subject to significant business, economic, operational, and other risks,
uncertainties, contingencies and other factors, including those described below, which could
cause actual results, performance o r achievements of Agnico Eagle and Kirkland Lake Gold to
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be materially different from results, performance or achievements expressed or implied by such
forward-looking statements and, as such, undue reliance must not be placed on them. Forward-
looking statements are also based on numerous material factors and assumptions, including with
respect to the ability of Agnico Eagle and Kirkland Lake Gold to satisfy, in a timely manner, the
other conditions to the closing of the Merger and the completion of the Merger on expected terms.
Many factors, known and unknown, could cause actual results to be materially different from those
expressed or implied by such forward-looking statements. Such risks include, but are not limited
to: the failure of Agnico Eagle and Kirkland Lake Gold to satisfy the conditions to the completion
of the Merger, in a timely manner, or at all; and the additional risk factors set out in the j oint
management information c ircular of Agnico Eagle and Kirkland Lake Gold dated October 29,
2021, including under the heading “ Risk Factors”. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of the date made. Other than
as required by law, Agnico Eagle and Kirkland Lake Gold do not intend, and do not assume any
obligation, to update these forward-looking statements.