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Agnico Eagle Announces Favourable Glass Lewis Recommendation for Merger

Agnico Eagle Announces Favourable Glass Lewis Recommendation for Merger Canada ...

articleAgnico Eagle Mines LimitedNovember 15, 20214/company/agnico-eagle-mines-limited/news/agnico-eagle-announces-favourable-glass-lewis-recommendation-for-merger
Agnico Eagle Announces Favourable Glass Lewis Recommendation for Merger

About this update from Agnico Eagle Mines Limited

[{"type":"text","content":"\n \n \n \n Agnico Eagle Announces Favourable Glass Lewis Recommendation for Merger\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Agnico Shareholders are encouraged to vote well in advance of the proxy voting deadline at\n \n 10:00 a.m.\n \n (\n \n Toronto\n \n time) on\n \n November 24, 2021\n \n .\n \n \n \n \n \n TORONTO\n \n ,\n \n Nov. 15, 2021\n \n /CNW/ -\n \n Agnico Eagle Mines Limited\n \n (TSX: AEM) (NYSE: AEM) (\"\n \n Agnico Eagle\n \n \") is pleased to announce that Glass, Lewis & Co. (\"\n \n Glass Lewis\n \n \"), a leading independent proxy advisory firm has recommended that Agnico Eagle shareholders vote \"\n \n \n FOR\n \n \n \" the matters to be voted on at the special meetings of shareholders in connection with the previously announced merger of equals (the \"\n \n Merger\n \n \") with Kirkland Lake Gold Ltd. (TSX:KL, NYSE:KL, ASX:KLA) (\"\n \n \n Kirkland Lake Gold\n \n \n \"). With this positive recommendation, Agnico Eagle and\n \n Kirkland Lake Gold\n \n have now received positive voting recommendations with respect to the Merger from Glass Lewis and Institutional Shareholder Services Inc., the two leading independent proxy advisory firms that provide voting recommendations to institutional investors.\n \n \n \n Recommendation to Agnico Eagle Shareholders\n \n \n \n In recommending that shareholders of Agnico Eagle vote \"\n \n \n FOR\n \n \n \" the issuance of Agnico Eagle common shares to shareholders of\n \n Kirkland Lake Gold\n \n pursuant to the Merger, Glass Lewis stated, among other things:\n \n \n \n \"At a high level, as discussed at length in the joint circular, the arrangement will combine two large, efficient gold operators primarily exposed to a selection of low-risk mining jurisdictions, with the arrangement ultimately expected to create the largest gold producer in\n \n Canada\n \n . The boards expect the tie-up to unlock substantial synergy opportunities, both in terms of geographic compatibility and with respect to standard scale and procurement architecture. … This enhan...

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