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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