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Wednesday, January 22, 2025

Robust Drill Outcomes Assist Growth Potential at Apollo Hill Gold Mission


  • Provide is expiring on January 23, 2025
  • Agnico is dedicated to the Provide at $1.67 in money, which represents a 58% premium to O3 Mining’s closing worth on December 11, 2024
  • 39% of excellent shares of O3 Mining signed lock-up agreements to tender to the Provide
  • Provide unanimously really helpful by Board and Particular Committee of O3 Mining
  • Questions or Want Help? Contact Laurel Hill Advisory Group at 1-877-452-7184 or e-mail help@laurelhill.com

Agnico Eagle Mines Restricted (NYSE: AEM) (TSX: AEM) (“Agnico Eagle”) and O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) (“O3 Mining”) present O3 Mining shareholders with a last reminder to tender to Agnico Eagle’s pleasant all money provide to amass 100% of the widespread shares of O3 Mining (“Frequent Shares”) at $1.67 per share (the “Provide”), which is expiring on January 23, 2025 at 11:59 pm (EST) .

O3 Mining Inc. Logo (CNW Group/O3 Mining Inc.)

Tender Shares for Immediate Cost

O3 Mining shareholders are strongly inspired to tender their Frequent Shares to the Provide previous to January 23, 2025 to make sure immediate receipt of the Provide worth of $1.67 per Frequent Share. If the situations to the Provide are happy or waived by the expiry time, Agnico Eagle will take-up and pay for any Frequent Shares tendered previous to expiry by January 28, 2025 .

All administrators and officers of O3 Mining and several other of O3 Mining’s largest shareholders, representing roughly 39% of the issued and excellent Frequent Shares, entered into lock-up agreements beneath which they agreed to tender their Frequent Shares to the Provide.

O3 Mining shareholders are inspired to tender their Frequent Shares as quickly as attainable to make sure intermediaries have ample time to course of their requests. The board of administrators of O3 Mining continues to unanimously advocate that O3 Mining shareholders tender their Frequent Shares to the Provide.

Agnico Eagle’s Intentions

Agnico is dedicated to the Provide at $1.67 . Assuming the 66 2/3% minimal tender situation for the Provide is happy or waived, Agnico Eagle intends to finish the Provide and purchase 100% of any remaining Frequent Shares in a second-step transaction. Agnico Eagle is not required to achieve a 90% tender threshold beneath the Provide to amass 100% of O3 Mining. The closing of the second-step transaction and the cost for any Frequent Shares acquired thereunder will not be anticipated to happen earlier than the second quarter of 2025.

How do I tender my Frequent Shares?

Shareholder   Sort

How do I tender my Frequent Shares?

Useful Shareholders – Most shareholders
are helpful shareholders. This implies your
Frequent Shares are held by a dealer,
financial institution or different middleman, and also you don’t have
a share certificates or DRS recommendation

Contact your financial institution or your dealer
instantly and instruct them to tender
your Frequent Shares to the Provide

Registered Shareholders – You are a
registered shareholder should you maintain your Frequent
Shares instantly (by a share certificates, DRS
recommendation or different technique of direct possession)

Contact Laurel Hill Advisory Group:

Cellphone:       1-877-452-7184 (toll-free)
E-mail: help@laurelhill.com

You probably have any questions or require any help with tendering your Frequent Shares to the Provide, please contact our Depositary and Info Agent:

Laurel Hill Advisory Group

North American Toll-Free:       1-877-452-7184
Outdoors North America :          +1-416-304-0211
E-mail: help@laurelhill.com

Go to us at www.agnicoeagle.com/Provide-for-O3-Mining to obtain essentially the most up-to-date details about the Provide.

About O3 Mining Inc.

O3 Mining Inc. is a gold explorer and mine developer in Québec, Canada , adjoining to Agnico Eagle’s Canadian Malartic mine. O3 Mining owns a 100% curiosity in all its properties (128,680 hectares) in Québec. Its principal asset is the Marban Alliance undertaking in Québec, which O3 Mining has superior during the last 5 years to the cusp of its subsequent stage of improvement, with the expectation that the undertaking will ship long-term advantages to stakeholders.

About Agnico Eagle Mines Restricted

Agnico Eagle is a Canadian primarily based and led senior gold mining firm and the third largest gold producer on this planet, producing valuable metals from operations in Canada , Australia , Finland and Mexico , with a pipeline of high-quality exploration and improvement initiatives. Agnico Eagle is a companion of selection throughout the mining trade, acknowledged globally for its main environmental, social and governance practices. Agnico Eagle was based in 1957 and has constantly created worth for its shareholders, declaring a money dividend yearly since 1983.

Cautionary Observe Relating to Ahead-Trying Info

This information launch incorporates “forward-looking info” throughout the which means of relevant Canadian securities laws that’s primarily based on present expectations, estimates, projections, and interpretations about future occasions as on the date of this information launch. Ahead-looking info and statements are primarily based on estimates of administration by O3 Mining and Agnico Eagle, on the time they have been made, and contain recognized and unknown dangers, uncertainties and different components which can trigger the precise outcomes, efficiency or achievements to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking info or statements.

Ahead-looking statements on this information launch embrace, however aren’t restricted to, statements relating to: the Provide, together with the anticipated timing of expiration, mechanics, take up, funding, completion and settlement; the power of Agnico Eagle to finish the transactions contemplated by the Provide; the satisfaction or waiver of the situations to consummate the Provide; a second step transaction pursuant to which Agnico Eagle could purchase 100% of O3 Mining, together with the satisfaction or waiver of the situations to consummate such second step transaction. Materials components or assumptions that have been utilized in formulating the forward-looking info contained herein embrace, with out limitation, the expectations and beliefs of Agnico Eagle and O3 Mining that every one situations to completion of the Provide will probably be happy or waived; the power of Agnico Eagle to amass 100% of the Frequent Shares in a subsequent transaction; the choice by Agnico Eagle to increase, or not, the expiry time of the Provide; that any situations to a subsequent second-step transaction will probably be happy or waived. Agnico Eagle and O3 Mining warning that the foregoing listing of fabric components and assumptions will not be exhaustive. Though the forward-looking info contained on this information launch relies upon what Agnico Eagle and O3 Mining consider, or believed on the time, to be cheap expectations and assumptions, there isn’t a assurance that precise outcomes will probably be per such forward-looking info, as there could also be different components that trigger outcomes to not be as anticipated, estimated or supposed, and neither O3 Mining, nor Agnico Eagle nor another individual assumes accountability for the accuracy and completeness of any such forward-looking info. No assurance will be on condition that these expectations will show to be appropriate and such forward-looking statements included on this information launch shouldn’t be unduly relied upon. O3 Mining and Agnico Eagle don’t undertake, and assume no obligation, to replace or revise any such forward-looking statements or forward-looking info contained herein to replicate new occasions or circumstances, besides as could also be required by relevant legislation. These statements communicate solely as of the date of this information launch.

Neither the TSX Enterprise Alternate nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Alternate) accepts accountability for the adequacy or accuracy of this information launch. No inventory trade, securities fee or different regulatory authority has authorized or disapproved the data contained herein.

Download Press Release (CNW Group/O3 Mining Inc.)

Cision View unique content material to obtain multimedia: https://www.prnewswire.com/news-releases/agnico-eagle-and-o3-mining-issue-final-reminder-to-tender-to-agnico-eagles-all-cash-58-premium-offer-expiring-january-23-2025-302355993.html

SOURCE O3 Mining Inc.

Cision View unique content material to obtain multimedia: http://www.newswire.ca/en/releases/archive/January2025/21/c7665.html



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