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Subject to the completion of the plan of arrangement between Pan American Silver Corp (TSX: PAAS), Agnico Eagle Mines Limited (TSX: AEM) and Yamana Gold (TSX: YRI) resulting in the combination of the companies. Each share of Yamana Gold will be exchanged for 0.1598 Pan American Silver shares and 0.0376 shares of Agnico Eagle Mines and US$1.0406 in cash.
As a result of closing conditions being met, Yamana Gold's shares will be removed from the S&P/TSX Composite Index prior to the open of trading on April 4, 2023 . The shares outstanding of Pan American Silver and Agnico Eagle Mines will be increased at the same time to reflect the issuance of shares.
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View original content: https://www.newswire.ca/en/releases/archive/March2023/28/c4324.html
