Agnico Eagle Mines Limited · TSX:AEM
Agnico Eagle Mines — Merger or Acquisition (May 2005)
13 slides from Agnico Eagle Mines's merger presentation, May 13, 2005
Slide 1: Building from Strength: Riddarhyttan Presentation
7 Building % from Strength Riddarhyttan Presentation May 2005
Slide 2: No Offer / Forward Looking Statement
No Offer / Forward Looking Statement Certain statements contained in this presentation constitute “forward-looking statements" including within the meaning of the United States Private Securties Ltigation Reform Act of 1995. In this presentation, the words "anticipate", expect", "estimate", “forecas
Slide 3: Agnico-Eagle currently owns approximately 14% of Riddarhyttan
Agnico-Eagle currently owns approximately 14% of Riddarhyttan Agnico-Eagle intends to acquire all outstanding shares of Riddarhyttan not already owned for U.S.$129.4 million Agnico-Eagle to exchange 0.1137 of its common shares for each Riddarhyttan share (10.3 million common shares of Agnico-Eagle)
Slide 4: Approximately 105.7 million Riddarhyttan shares outstanding
Approximately 105.7 million Riddarhyttan shares outstanding = No options @ No warrants Listed on Stockholm Stock Exchange; May 11" close SEK8.05/share Net cash of $US 5.9 million and no debt (as at March 31, 2005) Agnico-Eagle team began to look at are Riddarhyttan approximately 3 years ago \ Key pr
Slide 5: Building from Riddarhyttan's Suurikuusikko Project
Building from Riddarhyttan’s Suurikuusikko Project, @ Riddarhyttan owns 102 contiguous claims in the area © Gold Deposit Prospective Regions © Major city @ Claims cover 15 km strike length shear zone Suurikuusikko r. @ = Suurikuusikko strike length currently greater than 4 km Source: GTK, Geological
Slide 6: Growing Gold Resource
Growing Gold Resource Gold Tons Ounces @ Gold bearing disseminated ent ies ie? sulphide deposit Indicated Resource 0.164 10,584 1,740 m™ Open at depth and along Inferred Resource 0.128 8,377 1,070 strike 1 Refer to Appendix A, Souroe: Riddarhyttan Resouroes AB
Slide 7: Why Riddarhyttan?
Why Riddarhyttan? ™ Agnico-Eagle’s strategy is to build a multi-mine gold company to strengthen and increase shareholder value @ Riddarhyttan is a logical next step in Agnico-Eagle’s expansion process = Agnico-Eagle is familiar with Riddarhyttan, and has assisted in creating shareholder value m Agni
Slide 8: Why Riddarhyttan?
Why Riddarhyttan? Meaningful diversification from LaRonde mining camp ™ Agnico-Eagle believes the challenges and opportunities of Suurikuusikko fit well with its technical and financial abilities ® Suurikuusikko is similar in climate, topography and geography to Northern Quebec @ Suurikuusikko proje
Slide 9: Leveraging our Expertise
Leveraging our Expertise ™ LaRonde is operating very well at a steady state of 8,000 tpd. = Low cost production provides solid foundation for future growth @ Cash flow from operating activities US$28.1 millionin Q1 2005 @ Expected production growth from LaRonde mining camp ™ Goldex (production decis
Slide 10: Benefits to Riddarhyttan Shareholders
Benefits to Riddarhyttan Shareholders = Animmediate 27.3% premium to Riddarhyttan shareholders ™ Riddarhyttan shareholders will gain significantly enhanced liquidity = Agnico-Eagle listed on both the TSX (AGE) and NYSE (AEM) Approximately US$11 million of shares traded daily ® Riddarhyttan sharehold
Slide 11: Agnico-Eagle Going Forward
Agnico-Eagle Going Forward Transaction provides additional gold ounces ™ Creates exceptional project pipeline, with team in place to develop ® Goldex, Lapa, Suurikuusikko and LaRonde II = Meaningful exploration upside from large land position in two gold camps. with active exploration programs ™ Str
Slide 12: Appendix A
Appendix A CAUTIONARY NOTE TO UNITED STATES INVESTORS CONCERNING ESTIMATES OF MEASURED, INDICATED AND INFERRED RESOURCES The terms "measure “indicated” and "inferred" mineral resources are terms recognized and required under the securities legislation of certain countries, United States investors ar
Slide 13: Searchable text section of graphics shown above
Searchable text section of graphics shown above [ GRA PHIC] Building from Strength Riddarhyttan Presentation May 2005 [LOGO] No Off er / Forward Looking Statement [LOGO] Certain statements contained in this presentation constitute “forward-looking statements” including within the meaning of the Unit
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