Pan american and agnico eagle deliver definitive binding offer to acquire yamana

Puts assets in the hands of proven leaders with a track record of building value for stakeholders transaction would create the leading precious metals producer in latin america consolidates 100% ownership of the canadian malartic mine, one of the world's largest gold mines increased value per yamana share with low transaction risk yamana board has determined the offer to be a superior proposal vancouver, bc and toronto , nov. 4, 2022 /prnewswire/ - pan american silver corp. (tsx: paas) (nasdaq: paas) ("pan american") and agnico eagle limited (tsx: aem) (nyse: aem) ("agnico eagle") are pleased to announce that we have delivered a definitive binding offer (the "binding offer") to the board of directors of yamana gold inc. ("yamana") pursuant to which pan american would acquire all of the issued and outstanding common shares of yamana (the "yamana shares") and yamana would sell certain subsidiaries and partnerships which hold yamana's interests in its canadian assets to agnico eagle, including the canadian malartic mine. the transaction shall be implemented by way of a plan of arrangement under the canada business corporations act (the "arrangement").
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