Receipt of FIRB Approval Anticipated Closing Date for Merger TORONTO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- 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:
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 practices. 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 investor.relations@agnicoeagle.com 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 that 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.
www.kl.gold.
https://www.globenewswire.com/news-release/2022/02/01/2377207/0/en/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-Resu.html