CST: 24/07/2016 11:41:36   

A Settlement of $17M Reached in Class Actions Against Agnico-Eagle Mines Limited

155 Days ago

To be eligible for compensation, class members must submit a completed Claim Form no later than May 20, 2016

TORONTO, ONTARIO and VAL-D'OR, QUEBEC--(Marketwired - Feb 20, 2016) - A settlement has been reached in the class actions against Agnico arising from Agnico's alleged failure to disclose operational issues at its Goldex mine before the mine's closure in 2011. Agnico has agreed to pay $17,000,000. The settlement is a compromise of disputed claims and is not an admission of liability or wrongdoing by Agnico.

The settlement has been approved by the Ontario and Quebec Courts. The Courts have appointed RicePoint Administration Inc. as the Administrator of the settlement. To be eligible for compensation, class members must submit a completed Claim Form to RicePoint Administration Inc. no later than May 20, 2016.

For more information about your rights and how to exercise them, see the long-form notice available online at http://www.siskinds.com/agnico-eagle-mines-ltd-2/ or toll-free at: 1-800-461-6166 x 2380.

Nicole Young
1-800-461-6166 x 2380