Agnico eagle announces acceptance by tsx of normal course issuer bid

( all amounts expressed in u.s. dollars unless otherwise noted) toronto , may 2, 2022 /prnewswire/ - agnico eagle mines limited (nyse: aem) (tsx: aem) ("agnico eagle") announced today that it has received approval from the toronto stock exchange (the "tsx") of agnico eagle's notice of intention to make a normal course issuer bid (the "ncib"). under the ncib, agnico eagle may purchase for cancellation, on the open market at its discretion, during the period commencing on may 4, 2022 and ending on the earlier of may 3, 2023 and the completion of purchases under the ncib, up to the lesser of 5% of the issued and outstanding common shares of agnico eagle ("common shares") and 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 $500,000,000 subject to the normal terms and limitations of such bids.
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