Agnico Eagle completes acquisition of 100% of O3 Mining

Agnico Eagle Mines (AEM) and O3 Mining (OIIIF) announced that Agnico Eagle has completed the acquisition of 100% of the outstanding common shares of O3 Mining pursuant to 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 C$1.67 in cash per Common Share. 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.