(All amounts expressed in U.S. dollars unless otherwise noted)
TORONTO, May 1, 2024 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) announced today that further to its news release dated April 25, 2024, it has received approval from the Toronto Stock Exchange (the “TSX”) of Agnico Eagle’s notice of intention to renew its normal course issuer bid (the “NCIB”).
Under the NCIB, Agnico Eagle may purchase for cancellation, on the open market at its discretion, during the period commencing on May 4, 2024 and ending on the earlier of May 3, 2025 and the completion of purchases under the NCIB, up to the lesser of: (i) 24,961,914 common shares of Agnico Eagle (“Common Shares”), which is 5% of the issued and outstanding Common Shares; and (ii) that number of Common Shares that can be purchased by Agnico Eagle under the NCIB for an aggregate purchase price, excluding commissions, of not more than $500,000,000,…
