An anonymous director reports

AGNICO EAGLE ANNOUNCES PURCHASE OF COMMON SHARES OF PRISM RESOURCES INC.

Agnico Eagle Mines Ltd. has acquired 5.75 million shares of Prism Resources Inc. from Trevali Mining Corp. at a price of approximately 1.74 cents per common share for total consideration of $100,000, pursuant to a share purchase agreement dated Feb. 13, 2024, between Agnico Eagle and FTI Consulting Canada Inc., in its capacity as court-appointed monitor of Prism.

Prism holds a 7.5-per-cent net profit interest royalty on the Aurora and Sunday Lake claims. The claims form a part of Agnico Eagle's Detour Lake mine property, including Zone 58N and other geologically prospective targets.

Agnico Eagle is acquiring the common shares for investment purposes. Depending on market conditions and other factors, Agnico Eagle may, from time to time, acquire additional common shares or other securities of Prism or dispose of some or all of the common shares or other securities of Prism that it owns at such time.

Prior to entering into the share purchase agreement, Agnico Eagle did not own any common shares. As a result of the transaction, Agnico Eagle owns 5.75 common shares, representing approximately 11.07 per cent of the issued and outstanding common shares on a non-diluted basis.

An early warning report will be filed by Agnico Eagle in accordance with applicable securities laws. To obtain a copy of the early warning report, please contact the company.

Agnico Eagle's head office is located at 400, 145 King St. East, Toronto, Ont., M5C 2Y7. Prism's head office is located at 1500, 1055 West Georgia St., Vancouver, B.C., V6E 4N7.

About Agnico Eagle Mines Ltd.

Agnico Eagle is a senior Canadian gold mining company, producing precious metals from operations in Canada, Australia, Finland and Mexico. It has a pipeline of high-quality exploration and development projects in these countries as well as in the United States. Agnico Eagle is a partner of choice within the mining industry, recognized globally for its leading environmental, social and governance practices. The company was founded in 1957 and has consistently created value for its shareholders, declaring a cash dividend every year since 1983.

We seek Safe Harbor.