Osisko Reminds Shareholders of Important Vote Deadline to Approve the Acquisition of Osisko by Agnico Eagle and Yamana
26 Mayo 2014 - 7:00AM
Marketwired
Osisko Reminds Shareholders of Important Vote Deadline to Approve
the Acquisition of Osisko by Agnico Eagle and Yamana
MONTREAL, QUEBEC--(Marketwired - May 26, 2014) - Osisko Mining
Corporation ("Osisko" or the "Company") (TSX:OSK)(FRANKFURT:EWX)
would like to remind securityholders of Osisko ("Securityholders")
of the approaching deadline to vote upon the approval of the joint
acquisition of 100% of the outstanding shares of Osisko by Agnico
Eagle Mines Limited ("Agnico Eagle") and Yamana Gold Inc.
("Yamana") pursuant to a plan of arrangement (the "Arrangement") at
an upcoming annual and special meeting (the "Meeting") of Osisko
being held at 1:30 p.m. (EDT) on Friday May 30, 2014 at Fairmont
The Queen Elizabeth hotel in Montreal, Québec. The deadline for
submitting proxies is 1:30 p.m. (EDT) on Wednesday, May 28,
2014.
The Arrangement
Under the Arrangement, each outstanding common share of Osisko
will be exchanged for C$2.09 in cash, 0.07264 of a common share of
Agnico Eagle, 0.26471 of a common share of Yamana, and one common
share of a newly formed company that will acquire certain assets of
Osisko as part of the Arrangement ("New Osisko").
Securityholders are encouraged to read Osisko's management
information circular dated May 1, 2014 for full details of the
business of the Meeting, including the Arrangement which was mailed
to Osisko Securityholders and is also available on Osisko's website
at www.osisko.com or on SEDAR at www.sedar.com.
Board Recommendations
OSISKO'S BOARD OF DIRECTORS HAS UNANIMOUSLY DETERMINED THAT THE
ARRANGEMENT IS IN THE BEST INTERESTS OF OSISKO AND ITS
SECURITYHOLDERS AND RECOMMENDS THAT OSISKO SECURITYHOLDERS VOTE IN
FAVOUR OF THE ARRANGEMENT AND ALL OTHER RESOLUTIONS BEING PROPOSED
BY OSISKO AT THE MEETING.
How to Vote and Shareholder Questions
Osisko Securityholders are urged to vote today, regardless of
the number of shares or options owned.
As time is of the essence, Securityholders are encouraged to
vote via the internet or by telephone following the instructions
found on their Proxy or Voting Instruction Form by May 28, 2014 at
1:30 p.m. (EDT). To ensure your vote is received in a timely
manner, please vote at least 24 hours prior to the deadline.
Osisko Securityholders who have questions or require assistance
with voting can contact Laurel Hill Advisory Group, Osisko's proxy
solicitation agent, by telephone at: 1-877-452-7184 (North American
Toll Free) or 416-304-0211 (Collect Outside North America); or by
email at assistance@laurelhill.com.
About Osisko
Osisko Mining Corporation operates the Canadian Malartic Gold
Mine in Malartic, Québec and is pursuing exploration on a number of
properties, notably in Québec, Ontario and Mexico.
About Agnico Eagle
Agnico Eagle is a senior Canadian gold mining company that has
produced precious metals since 1957. Its seven mines are located in
Canada, Finland and Mexico, with exploration and development
activities in each of these regions as well as in the United
States.
About Yamana
Yamana is a Canadian-based gold producer with significant gold
production, gold development stage properties, exploration
properties, and land positions throughout the Americas including
Brazil, Argentina, Chile and Mexico.
Forward-looking statements
Certain statements contained in this press release may be
deemed "forward-looking statements". All statements in this
release, other than statements of historical fact, that address
events or developments that Osisko expects to occur, are forward
looking statements. Forward looking statements are statements that
are not historical facts and are generally, but not always,
identified by the words "expects", "plans", "anticipates",
"believes", "intends", "estimates", "projects", "potential",
"scheduled" and similar expressions, or that events or conditions
"will", "would", "may", "could" or "should" occur including,
without limitation, the satisfaction of all technical, economical,
regulatory and financial conditions in order to complete the
Arrangement between Osisko, Agnico Eagle and Yamana, the
realization of all expected benefits of this Arrangement, and the
view on (i) the quality and the potential of Osisko's exploration
and mining assets, (ii) the consideration offered to Osisko
shareholders, and (iii) the potential of the New Osisko. Although
Osisko believes the expectations expressed in such forward-looking
statements are based on reasonable assumptions, such statements are
not guarantees of future performance and actual results may differ
materially from those in forward looking statements. Factors that
could cause the actual results to differ materially from those in
forward-looking statements include, gold prices, results of
exploration and development activities, Osisko's limited experience
with production and development stage mining operations uninsured
risks, regulatory changes, defects in title, availability of
personnel, materials and equipment, timeliness of government or
court approvals, actual performance of facilities, equipment and
processes relative to specifications and expectations,
unanticipated environmental impacts on operations market prices,
continued availability of capital and financing and general
economic, market or business conditions.
These factors are discussed in greater detail in Osisko's
most recent Annual Information Form, which is filed on SEDAR and
also provide additional general assumptions in connection with
these statements. Osisko cautions that the foregoing list of
important factors is not exhaustive. Investors and others who base
themselves on the forward looking statements contained herein
should carefully consider the above factors as well as the
uncertainties they represent and the risk they entail. Osisko
believes that the expectations reflected in those forward-looking
statements are reasonable, but no assurance can be given that these
expectations will prove to be correct and such forward-looking
statements included in this press release should not be unduly
relied upon. These statements speak only as of the date of this
press release. Osisko undertakes no obligation to publicly update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, other than as required
by applicable law.
John BurzynskiVice-President Corporate Development(416)
363-8653www.osisko.comSylvie Prud'hommeDirector of Investor
Relations(514) 735-7131Toll Free: 1-888-674-7563
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