Agnico Eagle Announces Sale of Sulliden Shares

28 May 2014

TORONTO, May 28, 2014 /PRNewswire/ - Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM) ("Agnico Eagle" or the "Company") announced today that it has entered into an agreement (the "Purchase Agreement") to sell 26,966,292 common shares (the "Purchased Shares") of Sulliden Gold Corporation Ltd. ("Sulliden") to Rio Alto Mining Limited ("Rio Alto") for cash consideration of C$1.10 per Purchased Share.  The Purchased Shares represent approximately 8.6% of the issued and outstanding common shares of Sulliden (the "Shares").  Upon the closing of the transaction, which is expected to occur on May 29, 2014, Agnico Eagle will hold no Shares.