Agnico-Eagle Announces Amendments to Shareholder Meeting Matters
April 13 2012 - 9:00PM
PR Newswire (Canada)
Stock Symbol: AEM (NYSE and TSX) TORONTO, April 13, 2012 /CNW/ -
Agnico-Eagle Mines Limited ("Agnico-Eagle") announced today an
amendment to a matter which is to be voted upon at its annual and
special shareholder meeting scheduled to be held on Friday, April
27, 2012 (the "Meeting"). The management information circular of
Agnico-Eagle dated March 12, 2012 (the "Circular") indicated
that at the Meeting, shareholders will be invited to vote on a
resolution approving amendments to Agnico-Eagle's stock option
plan. At the Meeting, Agnico-Eagle intends to reduce the
number of additional shares proposed to be reserved for issuance
under the stock option plan from 3,500,000 to 2,500,000.
Accordingly, the authorizing resolution (the "Resolution") attached
as Appendix B to the Circular will be amended such that
"26,800,000" in the first paragraph of the Resolution will be
replaced with "25,800,000". With this reduction, Agnico-Eagle
has been advised by ISS Proxy Advisory Services that it will
consider amending its proxy analysis report regarding the
amendments to the stock option plan to a recommendation that
shareholders vote for the Resolution. Management of Agnico-Eagle
recommends that the shareholders vote for the approval of this
matter at the Meeting. About Agnico-Eagle Agnico-Eagle is a long
established, Canadian headquartered gold producer with operations
located in Canada, Finland and Mexico and exploration and/or
development activities in Canada, Finland, Mexico and the United
States. Agnico-Eagle has full exposure to higher gold prices
consistent with its policy of no forward gold sales and maintains a
corporate strategy based on increasing shareholders' exposure to
gold on a per share basis. It has paid a cash dividend for 30
consecutive years. Agnico-Eagle's head office is located at
145 King Street East, Suite 400, Toronto, Ontario M5C 2Y7.
Agnico-Eagle Mines Limited CONTACT: regarding Agnico-Eagle, contact
Investor Relationsat info@agnico-eagle.com or call (416) 947-1212.
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