Agnico Eagle Approved to Renew Normal Course Issuer Bid
Agnico Eagle Mines announced that further to its news release dated April 30, it has received approval from the Toronto Stock Exchange of Agnico Eagle's notice of intention to renew its normal course issuer bid. Under the NCIB, Agnico Eagle may purchase for cancellation, on the open market at its discretion, during the period commencing on May 6 and ending on the earlier of May 5, 2027 and the completion of purchases under the NCIB, up to the lesser of: (i) 25,024,469 common shares of Agnico Eagle, which is 5% of the issued and outstanding Common Shares; and (ii) that number of Common Shares that can be purchased by Agnico Eagle under the NCIB for an aggregate purchase price, excluding commissions, of not more than $2B, subject to the normal terms and limitations of such bids.
