Sturdy Drill Outcomes Help Growth Potential at Apollo Hill Gold Undertaking

• Supply is expiring on January 23, 2025
• Agnico is dedicated to the Supply at $1.67 in money, which represents a 58% premium to O3 Mining’s closing value on December 11, 2024
• 39% of excellent shares of O3 Mining signed lock-up agreements to tender to the Supply
• Supply unanimously really useful 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 ultimate reminder to tender to Agnico Eagle’s pleasant all money supply to amass 100% of the widespread shares of O3 Mining (“Frequent Shares”) at $1.67 per share (the “Supply”), which is expiring on January 23, 2025 at 11:59 pm (EST) .

Tender Shares for Immediate Fee

O3 Mining shareholders are strongly inspired to tender their Frequent Shares to the Supply previous to January 23, 2025 to make sure immediate receipt of the Supply value of $1.67 per Frequent Share. If the circumstances to the Supply are glad 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 underneath which they agreed to tender their Frequent Shares to the Supply.

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

Agnico Eagle’s Intentions

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

How do I tender my Frequent Shares?

When you have any questions or require any help with tendering your Frequent Shares to the Supply, please contact our Depositary and Data 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/Supply-for-O3-Mining to obtain essentially the most up-to-date details about the Supply.

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 over the past 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 based mostly and led senior gold mining firm and the third largest gold producer on the planet, producing valuable metals from operations in Canada , Australia , Finland and Mexico , with a pipeline of high-quality exploration and improvement tasks. Agnico Eagle is a associate of selection inside the mining business, 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 Be aware Relating to Ahead-Trying Data

This information launch comprises “forward-looking data” inside the that means of relevant Canadian securities laws that’s based mostly on present expectations, estimates, projections, and interpretations about future occasions as on the date of this information launch. Ahead-looking data and statements are based mostly on estimates of administration by O3 Mining and Agnico Eagle, on the time they had 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 data or statements.

Ahead-looking statements on this information launch embrace, however will not be restricted to, statements relating to: the Supply, 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 Supply; the satisfaction or waiver of the circumstances to consummate the Supply; a second step transaction pursuant to which Agnico Eagle could purchase 100% of O3 Mining, together with the satisfaction or waiver of the circumstances to consummate such second step transaction. Materials components or assumptions that had been utilized in formulating the forward-looking data contained herein embrace, with out limitation, the expectations and beliefs of Agnico Eagle and O3 Mining that each one circumstances to completion of the Supply will probably be glad 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 Supply; that any circumstances to a subsequent second-step transaction will probably be glad or waived. Agnico Eagle and O3 Mining warning that the foregoing checklist of fabric components and assumptions just isn’t exhaustive. Though the forward-looking data contained on this information launch is predicated upon what Agnico Eagle and O3 Mining imagine, or believed on the time, to be affordable expectations and assumptions, there isn’t a assurance that precise outcomes will probably be per such forward-looking data, as there could also be different components that trigger outcomes to not be as anticipated, estimated or meant, and neither O3 Mining, nor Agnico Eagle nor another individual assumes duty for the accuracy and completeness of any such forward-looking data. No assurance will be on condition that these expectations will show to be right 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 data contained herein to replicate new occasions or circumstances, besides as could also be required by relevant legislation. These statements converse solely as of the date of this information launch.

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

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.

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