Agnico Eagle & Kirkland Lake Gold Announce Receipt of FIRB Approval, Anticipated Closing Date for Merger and Notice of Release of Agnico Eagle's Fourth Quarter and Full Year 2021 Results

1 February 2022

TORONTO, Feb. 1, 2022 /CNW/ - Agnico Eagle Mines Limited (TSX: AEM) (NYSE: AEM) ("Agnico Eagle") and Kirkland Lake Gold Ltd. (TSX: KL) (NYSE: KL) (ASX: KLA) ("Kirkland Lake Gold") are pleased to announce that approval has been received from Australia's Foreign Investment Review Board ("FIRB Approval") regarding the proposed merger of equals between Agnico Eagle and Kirkland Lake Gold (the "Merger") by way of a plan of arrangement under the Business Corporations Act (Ontario). Agnico Eagle also announces that it will release its fourth quarter and full year 2021 results on Wednesday, February 23, 2022, after normal trading hours.

FIRB Approval and Anticipated Closing Date

FIRB Approval is the final key regulatory approval needed in order to permit closing of the Merger. The parties anticipate that the closing date of the Merger will occur on or about February 8, 2022, subject to customary closing conditions.

Fourth Quarter and Full Year 2021 Results

Agnico Eagle will release its fourth quarter and full year 2021 results on Wednesday, February 23, 2022, after normal trading hours.

Fourth Quarter and Full Year 2021 Results Conference Call and Webcast

Agnico Eagle's senior management will host a conference call on Thursday, February 24, 2022 at 11:00 AM (Eastern time) to discuss Agnico Eagle's fourth quarter and full year financial and operating results, as well as operating plans following completion of the Merger.