Agnico Eagle Mines Limited

Wesdome Announces Appointment of Louise Grondin to Board of Directors

Retrieved on: 
Wednesday, February 1, 2023

TORONTO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to announce the appointment of Louise Grondin to the Company’s Board of Directors.

Key Points: 
  • TORONTO, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (“Wesdome” or the “Company”) is pleased to announce the appointment of Louise Grondin to the Company’s Board of Directors.
  • Since joining Agnico Eagle in 2001, she had held various leadership positions, including Senior Vice President, Environment, Sustainable Development and People.
  • Previously, Ms. Grondin worked for Billiton Canada Ltd. as Manager, Environment, Human Resources and Safety.
  • The Board of Directors is also pleased to announce the appointment of Mr. Charles Main to the newly-created position of Lead Independent Director effective February 1, 2023.

Yamana and Pan American Shareholders Approve Proposed Transaction

Retrieved on: 
Tuesday, January 31, 2023

In addition to the approval by Yamana shareholders, Pan American shareholders approved the issuance of Pan American common shares in connection with the Proposed Transaction at a special meeting of Pan American shareholders held earlier today.

Key Points: 
  • In addition to the approval by Yamana shareholders, Pan American shareholders approved the issuance of Pan American common shares in connection with the Proposed Transaction at a special meeting of Pan American shareholders held earlier today.
  • No approval is required from Agnico Eagle shareholders for the Proposed Transaction.
  • Peter Marrone, Executive Chairman, Yamana Gold commented, “I would like to thank the Yamana shareholders for their support and express my gratitude to each and every member of the Yamana team, past and present, who have been a part of this incredible journey.
  • Through this transaction with Pan American and Agnico Eagle, I believe we have delivered a value enhancing opportunity for our shareholders, in a market that is not currently rewarding growth, whilst also establishing the critical mass and scale that this sector desperately needs for future success.

Yamana Gold Announces Preliminary Fourth Quarter and Full Year 2022 Operating Results, Exceeding Annual Production Guidance With Strong Performances Across Its Core Asset Portfolio

Retrieved on: 
Tuesday, January 17, 2023

TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) herein announces fourth quarter and full year 2022 preliminary operating results.

Key Points: 
  • TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or “the Company”) herein announces fourth quarter and full year 2022 preliminary operating results.
  • Production during the fourth quarter totaled 264,891 gold equivalent ounces (“GEO”)(1) with full year production of 1,005,770 GEO(1) exceeding annual guidance of 1,000,000 GEO(1).
  • "As the Executive Chairman and founder of Yamana Gold, I have always advocated for critical mass and scale to drive success in the mining industry.
  • Fourth quarter production of 264,891 GEO(1), comprised of 235,072 ounces of gold and 2.43 million ounces of silver.

Pan American Silver announces preliminary 2022 production results

Retrieved on: 
Tuesday, January 17, 2023

This news release contains forward-looking information about expected future events and operating performance of Pan American Silver.

Key Points: 
  • This news release contains forward-looking information about expected future events and operating performance of Pan American Silver.
  • VANCOUVER, BC, Jan. 17, 2023 /PRNewswire/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) ("Pan American") is pleased to announce its preliminary production results for the fourth quarter ("Q4 2022") and full year 2022 ("FY 2022"), with FY 2022 results in line with annual guidance.
  • Pan American plans to release operating costs with its audited results for Q4 2022 and FY 2022 on February 22, 2023, after market close.
  • The final figures will be provided in Pan American's financial results for Q4 2022 and FY 2022.

SCOTTIE RESOURCES ANNOUNCES BOARD APPOINTMENT OF ELLIE OWENS

Retrieved on: 
Tuesday, January 17, 2023

VANCOUVER, BC, Jan. 17, 2023 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to announce the appointment of Ellie Owens to the Company's board of directors, effective January 16, 2023.

Key Points: 
  • VANCOUVER, BC, Jan. 17, 2023 /PRNewswire/ - Scottie Resources Corp. ("Scottie" or the "Company") (TSXV: SCOT) (OTCQB: SCTSF) (FSE: SR8) is pleased to announce the appointment of Ellie Owens to the Company's board of directors, effective January 16, 2023.
  • She currently is a member of the Board of Directors of the PDAC as well as on the PDAC Planning Committee.
  • Brad Rourke, President and CEO of Scottie stated, "We are excited to welcome Ellie to Scottie's board of directors.
  • Scottie also announces that it has granted 4,850,000 options to acquire common shares to certain directors, officers, and consultants of the Company.

Barsele 2022 Diamond Drilling campaign tests Regional Targets while Avan Expansion, hole AVA22004 yielded a best 1.0-metre intercept grading 10.10 g/t gold

Retrieved on: 
Monday, January 16, 2023

At Avan, Expansion hole AVA22002 cut 8.0 metres grading 2.24 g/t gold, within 11.0 metres grading 1.78 g/t gold.

Key Points: 
  • At Avan, Expansion hole AVA22002 cut 8.0 metres grading 2.24 g/t gold, within 11.0 metres grading 1.78 g/t gold.
  • At Avan, Expansion hole AVA22004 yielded 1.0 metre grading 10.10 g/t gold, plus 1.0 metre grading 4.70 g/t gold, plus 1.0 metre grading 4.20 g/t gold.
  • Diamond drilling from June 3rd, through September 19th, within the 34,533-hectare property totaled 4,252 metres in 14 completed core holes.
  • Barsele's President, Gary Cope states; "This year's diamond drilling campaign has revealed a notable west-southwesterly opening of the Avan Zone, as it trends to the northwest.

Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote for the Proposed Arrangement With Pan American and Agnico Eagle

Retrieved on: 
Friday, January 13, 2023

ISS and Glass Lewis are leading independent, third-party proxy advisory firms which provide proxy voting recommendations to pension funds, investment managers, mutual funds, and other institutional shareholders.

Key Points: 
  • ISS and Glass Lewis are leading independent, third-party proxy advisory firms which provide proxy voting recommendations to pension funds, investment managers, mutual funds, and other institutional shareholders.
  • Yamana would like to remind shareholders of the upcoming special meeting of shareholders (the "Yamana Meeting") scheduled to take place on January 31, 2023 to seek approval for the Proposed Transaction.
  • The board of directors of Yamana unanimously recommends that Yamana shareholders vote IN FAVOUR of the Proposed Transaction.
  • Shareholders of record on December 14, 2022 will be eligible to vote at the Yamana Meeting.

Yamana Announces Filing and Public Availability of Management Information Circular in Connection With the Proposed Arrangement With Agnico Eagle and Pan American

Retrieved on: 
Wednesday, December 28, 2022

TORONTO, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce that the management information circular (the “Information Circular”) and related meeting and proxy materials in connection with the special meeting of shareholders (the “Yamana Meeting”) scheduled to be held on January 31, 2023 has been filed and made publicly available.

Key Points: 
  • TORONTO, Dec. 28, 2022 (GLOBE NEWSWIRE) -- Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce that the management information circular (the “Information Circular”) and related meeting and proxy materials in connection with the special meeting of shareholders (the “Yamana Meeting”) scheduled to be held on January 31, 2023 has been filed and made publicly available.
  • The purpose of the Yamana Meeting is to seek approval for the previously announced arrangement with Agnico Eagle Mines Limited (“Agnico Eagle”) and Pan American Silver Corp. (“Pan American”) involving the acquisition by Pan American of all of the issued and outstanding common shares of the Company and the sale by Yamana of its Canadian assets, including certain subsidiaries and partnerships which hold Yamana’s interests in the Canadian Malartic mine, to Agnico Eagle, all by way of a plan of arrangement under the Canada Business Corporations Act.
  • Shareholders of record on December 14, 2022 will be eligible to vote at the Yamana Meeting.
  • In addition to the public filing of the Information Circular, it is in the process of being mailed to Yamana shareholders of record on the above-mentioned record date.

White Gold Corp. Announces Closing of Fully Subscribed $4.4 Million Private Placement

Retrieved on: 
Monday, December 19, 2022

TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company” or “White Gold”) is pleased to announce the closing of a non-brokered private placement for aggregate gross proceeds of approximately $4.4 million (the “Offering”).

Key Points: 
  • TORONTO, Dec. 19, 2022 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTCQX: WHGOF, FRA: 29W) (the “Company” or “White Gold”) is pleased to announce the closing of a non-brokered private placement for aggregate gross proceeds of approximately $4.4 million (the “Offering”).
  • Agnico Eagle Mines Limited (“Agnico”) participated in the offering in order to maintain its partially-diluted ownership in the Company at 19.8%.
  • Such Canadian exploration expenses will also qualify as “flow-through mining expenditures” as defined in subsection 127(9) of the Tax Act.
  • The net proceeds from the sale of the Common Shares will be used for working capital and other general corporate expenses.

White Gold Corp. Announces Fully Subscribed $4.4 Million Private Placement

Retrieved on: 
Thursday, December 8, 2022

“We are very grateful for the continued support of our exciting and impactful exploration activities in the prolific and under explored White Gold District,” stated David D’Onofrio, Chief Executive Officer.

Key Points: 
  • “We are very grateful for the continued support of our exciting and impactful exploration activities in the prolific and under explored White Gold District,” stated David D’Onofrio, Chief Executive Officer.
  • Such Canadian exploration expenses will also qualify as “flow-through mining expenditures” as defined in subsection 127(9) of the Tax Act.
  • The Company owns a portfolio of 17,584 quartz claims across 30 properties covering approximately 350,000 hectares representing over 40% of the Yukon’s emerging White Gold District.
  • (3) See Newmont Corporation news release titled “Newmont Reports 2021 Mineral Reserves of 93 Million Gold Ounces and 65 Million Gold Equivalent Ounces”, dated February 24, 2022: https://www.newmont.com/investors/news-release/default.aspx .