The combined company will continue as
As previously announced, Agnico Eagle's reconstituted board of directors now consists of:
The combined company will be led by
Full details of the Merger and certain other matters are set out in the joint management information circular of Agnico Eagle and Kirkland Lake Gold and can be found under Agnico Eagle and Kirkland Lake Gold's respective profiles on SEDAR at www.sedar.com and EDGAR at www.sec.gov. A copy of the early warning report of Agnico Eagle in connection with its acquisition of Kirkland Lake Gold shares will be filed under Kirkland Lake Gold's profile on SEDAR and can be obtained by contacting Agnico Eagle as set out below.
Information for Former Kirkland Lake Gold Shareholders
The shares of Kirkland Lake Gold are expected to be de-listed from the TSX on or about the closing of trading on
Pursuant to the Merger, former Kirkland Lake Gold shareholders (including former holders of Kirkland CDIs) are entitled to receive 0.7935 of an Agnico Eagle common share for each Kirkland Lake Gold share held. In order to receive Agnico Eagle shares in exchange for Kirkland Lake Gold shares, Kirkland Lake Gold registered shareholders must complete, sign, date and return (together with the certificate or DRS statement representing their shares) the letter of transmittal that was mailed to them prior to closing of the Merger. The letter of transmittal is also available under Kirkland Lake Gold's profile on SEDAR at www.sedar.com and EDGAR at www.sec.gov and by contacting
For those shareholders of Kirkland Lake Gold whose shares are registered in the name of a broker, investment dealer, bank, trust company, trust or other intermediary or nominee, they should contact such nominee for assistance in depositing their Kirkland Lake Gold shares and should follow the instructions of such intermediary or nominee. Holders of Kirkland CDIs are not required to submit a letter of transmittal and should contact the depositary (at its contact details above) or
About
The new Agnico Eagle is a senior Canadian gold mining company, producing precious metals from operations in
Cautionary Note Regarding Forward-Looking Information
The information in this news release has been prepared as at
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 or achievements of Agnico Eagle and Kirkland Lake Gold to 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. 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 requirements to effect the de-listing of Kirkland Lake Gold on the ASX, NYSE and TSX; and the additional risk factors set out in the joint management information circular of Agnico Eagle and Kirkland Lake Gold dated
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