Agnico Eagle Announces Favourable Iss Recommendation FOR Merger
AGNICO EAGLE ANNOUNCES FAVOURABLE
ISS RECOMMENDATION FOR MERGER
Toronto (November 10, 2021) – Agnico Eagle Mines Limited (TSX:AEM, NYSE: AEM)
(“Agnico Eagle”) is pleased to announce that Institutional Shareholder Services Inc. (“ISS”), a
leading independent proxy advisory firm, has recommended that Agnico Eagle shareholders vote
“FOR” regarding the matters to be voted on at the special meetings of shareholders in connection
with the previously announced merger of equals (the “Merger”) with Kirkland Lake Gold Ltd.
(TSX:KL, NYSE:KL, ASX:KLA) (“Kirkland Lake Gold”).
Recommendation to Agnico Eagle Shareholders
In recommending that shareholders of Agnico Eagle vote “FOR” the issuance of Agnico Eagle
common shares to shareholders of Kirkland Lake Gold pursuant to the Merger, ISS stated, among
other things:
• “There appears to be sound strategic rationale for a combination between the companies,
with the transaction anticipated to confer operational synergies on an annual basis, as well
as a numbe r of G&A synergies and strategic optimizations over five - and ten-year time
horizons. The addition of members of the [Kirkland Lake Gold] board and management to
the combined company should expand the expertise necessary to drive improvements
and realize some of the expected synergies under the transaction. Finally, as the majority
of the production and reserves of the combined company are located in Canada where
both companies have a healthy track record of operations, some of the risks inherent to
the achievement of synergies are partially mitigated.”
Shareholder Questions and Assistance
If you have any questions regarding the special meeting of Agnico Eagle shareholders, please
contact Agnico Eagle’s strategic shareholder advisor and proxy solicitation ag ent, Laurel Hill
Advisory Group, by telephone at 1 -877-452-7184 (toll-free in North America) or at 1 -416-304-
0211 (for collect calls outside of North America), or by email at [email protected].
For further information regarding Agnico Eagle, contact Investor Relations at info@Agnico
Eagle.com or call (416) 947-1212.
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 practices. The Company was founded in 1957 and has
consistently created value for its shareholders, declaring a cash dividend every year since 1983.