Agnico Eagle Provides Update ON Resumption of Operations IN Quebec

AGNICO EAGLE PROVIDES UPDATE ON RESUMPTION OF OPERATIONS IN QUEBEC

Toronto (April 14, 2020) – Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) ("Agnico

Eagle" or the "Company") is providing an update following the announcement by the Government

of Quebec on April 13, 2020 to add mining operations to the list of priority activities and services

that are permitted to operate while the Province responds to the COVID-19 pandemic. Pursuant

to the Government of Quebec's announcement, mining activities will be permitted to resume in a

gradual and supervised manner beginning on April 15, 2020.

Accordingly, the Company is taking steps to resume its operations in the Abitibi region of Quebec

(the LaRonde Complex, the Goldex mine and the Canadian Malartic mine (50%)) in an orderly

fashion while ensuring the safety of employees. At each of these operations, the Company will

implement health, hygiene and physical distancing measures that meet or exceed the

requirements of the Government of Quebec, including the Quebec department of Public Health

and the P rovince's Committee on Standards, Equity, and Occupational Safety (CNESST).

Additional information on Agnico Eagle's proactive efforts to protect its people, neighbouring

communities and business may be found on the Company 's website at:

https://www.agnicoeagle.com/English/sustainability/Our-COVID-19-Response. In developing the

Company's health and safety protocols relating to COVID -19, the Company consulted broadly

with the Provincial authorities and employees. The Company will communicate with the

Government of Quebec to ensure ongoing compliance with th e Government of Quebec’s

announcement and any subsequent orders.

Operational updates for each of the Company's mines, including the mines in the Abitibi region of

Quebec, will be included in the Company's news release announcing first quarter 2020 financial

and operating results, expected t o be issued on April 30, 2020. The Company expects that

exploration activities will remain suspended until May 4, 2020.

About Agnico Eagle

Agnico Eagle is a senior Canadian gold mining company that has produced precious metals since

1957. Its operating mines are located in Canada, Finland and Mexico, with exploration and

development activities in each of these countries as well as in the United States and Sweden.

Agnico Eagle and its shareholders have full exposure to gold prices due to its long-standing policy

of no forward gold sales. Agnico Eagle has declared a cash dividend every year since 1983.

Forward-Looking Statements

The information in this news release has been prepared as at April 14, 2020. Certain statements

in this news release, referred to herein as "forward- looking statements", constitute "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. When used in this news release, the words "expect", "may", "plan", "will" and

similar expressions are intended to identify forward-looking statements.

Such statements include, without limitation: statements regarding the Company's plans to resume

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operations in the Abitibi region of Quebec ; statements with respect to exploration activities; and

other statements regarding the impact of the COVID-19 pandemic and measures taken to reduce

the spread of COVID-19, on the Company's operations and overall business.

Such statements reflect the Company's views as at the date of this news release and are subject

to certain risks, uncertainties and assumptions, and undue reliance should not be placed on such

statements. Forward-looking statements are nec essarily based upon a number of factors and

assumptions that, while considered reasonable by Agnico Eagle as of the date of such

statements, are inherently subject to significant business, economic and competitive uncertainties

and contingencies. The material factors and assumptions used in the preparation of the forward

looking statements contained herein, which may prove to be incorrect, include, but are not limited

to, the assumptions set forth herein and in management's discussion and analysis ("MD&A") and

the Company's Annual Information Form ("AIF") for the year ended December 31, 2019 filed with

Canadian securities regulators and that are included in its Annual Report on Form 40 -F for the

year ended December 31, 2019 ("Form 40- F") filed with the U.S. Securities and Exchange

Commission (the "SEC") as well as: that the Government of Quebec 's announcement is not

amended or modified; and that governments, the Company or others do not take other measures

in response to the COVID -19 pandemic or otherwise that, individually or in the aggregate,

materially affect the Company's ability to operate its business. Many factors, k nown and

unknown, could cause the actual results to be materially different from those expressed or implied

by such forward looking statements. Such risks include, but are not limited to risks and

uncertainties with respect to: the extent and manner to which COVID-19, and measures taken by

governments, the Company or others to attempt to reduce the spread of COVID -19, may affect

the Company, which could have an adverse impact on many aspects of the Company's business

including, employee health, workforce productivity and availability (including the ability to transport

personnel to the Meadowbank Complex and Meliadine mine which operate as fly -in/fly-out

camps), travel restrictions, contractor availability, supply availability, ability to sell or deliver gold

dore bars or concentrate, availability of insurance and the cost thereof, and the ability to procure

inputs required for the Company's operations and projects; and uncertainties with respect to the

effect on the global economy associated with the COVID -19 pandemic and measures taken to

reduce the spread of COVID -19, any of which could continue to negatively affect financial

markets, including the trading price of the Company's shares and the price of gold, and could

adversely affect the Company's ability to raise capital.

For a more detailed discussion of these and other risks and factors that may affect the Company's

ability to achieve the expectations set forth in the forward- looking statements contained in this

news release, see the AIF and MD&A filed on SEDAR at www.sedar.com and included in the

Form 40- F filed on EDGAR at www.sec.gov, as well as the Company's other filings with the

Canadian securities regulators and the SEC. 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, the Company does not intend, and does not assume any obligation, to update

these forward-looking statements.