Agnico Eagle Mines Limited · TSX:AEM
Agnico Eagle Mines — Merger or Acquisition (September 2014)
17 slides from Agnico Eagle Mines's merger presentation, Sep 8, 2014
Slide 1: Acquisition of Cayden Resources
ACQUISITION OF CAYDEN RESOURCES September 8, 2014
Slide 2: Forward Looking Statements
FORWARD LOOKING STATEMENTS The information in this presentation has been prepared as at September 8, 2014. Certain statements contained in this document constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looki
Slide 3: Transaction Rationale
TRANSACTION RATIONALE THE ACQUISITION OF CAYDEN RESOURCES INC Agnico has been following Cayden, an exploration company with activities in Mexico, since early 2012 El Barqueño contains an asset package that Agnico Eagle expects will enhance growth in the Company’s Southern Business and utilize ex
Slide 4: Transaction Summary
TRANSACTION SUMMARY SHARE DEAL BY WAY OF A PLAN OF ARRANGEMENT 1 Bid Price • C$3.79 per Cayden share 1 • C$205 million equity value Consideration • 0.09 of an Agnico Eagle common share and C$0.01 in cash per Cayden common share Offered Structure • Offer to acquire 100% of Cayden’s outstanding common
Slide 5: Cayden Exploration Properties
CAYDEN EXPLORATION PROPERTIES OPPORTUNITY TO ESTABLISH A NEW OPERATING BASE IN A HOME JURISDICTION La India Pinos Altos Two key properties - El Barqueño (41K hectares) in Jalisco State and Morelos Sur (13K hectares) in Guerrero State AGNICO EAGLE | THE CAYDEN ACQUISITION| 5 Source: Cayden Resource
Slide 6: El Barqueño Property
EL BARQUEÑO PROPERTY HISTORICAL MINING REGION WITH MULTIPLE DEPOSITS/TARGETS OUTLINED TO DATE Source: Cayden Resources AGNICO EAGLE | THE CAYDEN ACQUISITION| 6
Slide 7: Main El Barqueño Property
MAIN EL BARQUEÑO PROPERTY POST-ACQUISITION ACTIVITY WILL FOCUS ON THE MOST ADVANCED CORRIDOR Mineralization may extend under a thin veneer of younger rocks from Azteca to Peña de Oro (PdO) Potential to delineate an eight kilometer strike length A $10-15 million exploration program is anticipat
Slide 8: El Barqueño - Azteca Deposit
EL BARQUEÑO - AZTECA DEPOSIT ADDITIONAL DRILLING IS EXPECTED TO FORM THE BASIS OF A MAIDEN RESOURCE IN 2015 Source: Cayden Resources. Drill results are from Cayden news releases between October 16, 2013 and March 28, 2014 AGNICO EAGLE | THE CAYDEN ACQUISITION| 8
Slide 9: El Barqueño - Peña de Oro Deposit
EL BARQUEÑO - PEÑA DE ORO DEPOSIT STRONG RESULTS 8KM ALONG STRIKE FROM THE MAIN AZTECA AREA Source: Cayden Resources. Drill results are from Cayden news releases between April 24, 2014 and June 26, 2014 AGNICO EAGLE | THE CAYDEN ACQUISITION| 9
Slide 10: El Barqueño – Angostura Deposit, a Third Discovery
EL BARQUEÑO – ANGOSTURA DEPOSIT, A THIRD DISCOVERY OPENS UP A NEW AREA ON THE PROPERTY FOR ADDITIONAL EXPLORATION IN 2015 Source: Cayden Resources. Drill results are from Cayden news releases between July 7, 2014 and July 22, 2014 AGNICO EAGLE | THE CAYDEN ACQUISITION| 10
Slide 11: Morelos Sur Property
MORELOS SUR PROPERTY STRATEGICALLY LOCATED IN THE GUERRERO GOLD BELT Three attractive exploration concessions: La Magnetita, Tenantla and Las Calles Exploration by Cayden has outlined a 25 km2 gold soil anomaly at La Magnetita and Tenantla The Las Calles property has yielded drill intersection
Slide 12: Building on a Proven Track Record
BUILDING ON A PROVEN TRACK RECORD EARLY STAGE M&A HAS ADDED SHAREHOLDER VALUE Production through 2013 (koz) Proven & Probable (koz) Measured & Indicated (koz) Inferred (koz) Cayden – El Barqueño Grayd - La India Comaplex - Meliadine +3,615 koz 2,841 $10–$15M Exploration 3,082 Budget 2015E +1,138 koz
Slide 13: Appendix
APPENDIX
Slide 14: Select Reserves and Resources
SELECT RESERVES AND RESOURCES AT DECEMBER 31, 2013 Northen Business Gold Southern Business Gold Tonnes (Mt) Gold (g/t) Gold (Moz) Tonnes (Mt) Gold (g/t) Gold (Moz) Meadowbank Pinos Altos (includes Creston Mascota) Proven Reserves 1.1 2.88 0.1 Proven Reserves 2.0 2.54 0.2 Probable Reserves 15.7 3.26
Slide 15: Notes to Investors Regarding the Use of Resources
NOTES TO INVESTORS REGARDING THE USE OF RESOURCES Cautionary Note to Investors Concerning Estimates of Measured and Indicated Resources This document uses the terms “measured resources” and “indicated resources”. Investors are advised that while those terms are recognized and required by Canadian re
Slide 16: Notes to Investors Regarding the Use of Resources
NOTES TO INVESTORS REGARDING THE USE OF RESOURCES A mineral reserve is the economically mineable part of a measured and/or indicated mineral resource. It includes diluting materials and allowances for losses, which may occur when the material is mined or extracted and is defined by studies at pre-fe
Slide 17: agnicoeagle.com
Trading Symbol: AEM on TSX & NYSE Investor Relations: 416-947-1212 info@agnicoeagle.com agnicoeagle.com
Agnico Eagle Mines — Merger or Acquisition (September 2014) on 6ix