08:47:30 EDT Mon 02 Jun 2025
Enter Symbol
or Name
USA
CA



Yamana Gold Inc
Symbol YRI
Shares Issued 753,313,361
Close 2014-05-30 C$ 8.09
Market Cap C$ 6,094,305,090
Recent Sedar Documents

Osisko holders approve acquisition by Agnico, Yamana

2014-06-02 14:05 ET - News Release

See News Release (C-OSK) Osisko Mining Corp

Mr. Sean Roosen reports

OSISKO MINING CORPORATION ANNOUNCES APPROVAL OF ARRANGEMENT AND ELECTION OF DIRECTORS

The plan of arrangement, pursuant to which Agnico Eagle Mines Ltd. and Yamana Gold Inc. will acquire all of the issued and outstanding common shares of Osisko Mining Corp., was approved by the shareholders with approximately 99.80 per cent of the votes cast at the annual and special meeting held on May 30, 2014, voting in favour of the arrangement.

The arrangement

Under the arrangement, each outstanding common share of Osisko will be exchanged for $2.09 in cash, 0.07264 of a common share of Agnico Eagle, 0.26471 of a common share of Yamana and one common share of a newly formed company that will acquire certain assets of Osisko as part of the arrangement. The arrangement is expected to close during the month of June, and Osisko shareholders are invited to communicate with Laurel Hill Advisory Group as depository agent for the arrangement for instructions on tendering their shares at:

North American toll-free:  1-877-452-7184

Banks, brokers or collect calls:  416-304-2011

Election of directors

In addition, given the sudden passing of Marcel Cote on May 25, 2014, the corporation also confirms that 10 of the 11 directors proposed by management were elected at the meeting as directors of the corporation.

Based on the proxies received and the votes on a show of hands, the individuals set out in the attached table of results were elected as directors of the corporation until the next annual shareholders meeting.

                                        % of votes                % of votes
                           Votes cast         cast   Votes cast         cast
Name of nominee                   for          for     withheld     withheld

Victor H. Bradley         331,556,297       98.04%    6,619,443        1.96%
John F. Burzynski         323,782,889       95.74%   14,392,851        4.26%
Michele Darling           332,025,935       98.18%    6,149,805        1.82%
Joanne Ferstman           337,267,508       99.73%      908,232        0.27%
Staph Leavenworth Bakali  328,309,592       97.08%    9,866,148        2.92%
William A. MacKinnon      337,612,768       99.83%      562,972        0.17%
Charles E. Page           312,831,076       92.51%   25,344,664        7.49%
Sean Roosen               335,560,615       99.23%    2,615,125        0.77%
Gary A. Sugar             328,287,309       97.08%    9,888,431        2.92%
Serge Vezina              337,562,242       99.82%      613,498        0.18%

All other resolutions provided for in the management information circular were duly passed, and as such, a report on the voting results was filed today with the Canadian securities regulatory authorities on SEDAR.

We seek Safe Harbor.

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