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Agnico Eagle Mines Completes Acquisition of 100% of O3 Mining
(All amounts expressed in Canadian dollars unless otherwise noted) TORONTO, March 18, 2025 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) ("Agnico
About this update from Agnico Eagle Mines Limited
[{"type":"text","content":" (All amounts expressed in Canadian dollars unless otherwise noted) TORONTO, March 18, 2025 /CNW/ - Agnico Eagle Mines Limited (NYSE: AEM) (TSX: AEM) (\"Agnico Eagle\") and O3 Mining Inc. (TSXV: OIII), (OTCQX: OIIIF) (\"O3 Mining\") are pleased to jointly announce that Agnico Eagle has today completed the acquisition of 100% of the outstanding common shares of O3 Mining (the \"Common Shares\") pursuant to the amalgamation (the \"Amalgamation\") of O3 Mining and Agnico Eagle Abitibi Acquisition Corp., a wholly-owned subsidiary of Agnico Eagle. O3 Mining is now a wholly-owned subsidiary of Agnico Eagle. The Amalgamation constituted the subsequent acquisition transaction contemplated by Agnico Eagle's board-supported take-over bid to acquire O3 Mining. Under the Amalgamation, shareholders of O3 Mining, other than Agnico Eagle, will receive $1.67 in cash per Common Share (the \"Consideration\"). It is expected that the Common Shares will be delisted from the TSX Venture Exchange on or around March 20, 2025 and O3 Mining will file an application to cease to be a reporting issuer under Canadian securities laws. Additional Information and How to Receive the Consideration Additional information concerning the Amalgamation is contained in the notice of special meeting and management information circular of O3 Mining (the \"Circular\") dated February 13, 2025. The Circular is available under O3 Mining's issuer profile on SEDAR+ at www.sedarplus.ca. In order to receive the Consideration (less applicable withholdings), each registered shareholder must properly complete and duly execute the letter of transmittal enclosed with the Circular and deliver such letter of transmittal, together with all other necessary documents and instruments to Odyssey Trust Company, in its capacity as depositary for the Amalgamation, at the address specified in the letter of transmittal and otherwise in accordance with the instructions contained in the letter of transmittal. Non-registered shareholders whose Common Shares are registered in the name of an investment advisor, broker, bank, trust company, custodian, nominee or other intermediary must contact such intermediary for instructions and assistance in exchanging their Common Shares for the Consideration. If you have any questions or require assistance, please contact...