Mexican Federal Economic Competition Commission Approves Pan American Silver’s Arrangement With Yamana and Agnico Eagle
2023年3月24日 - 8:05PM
ビジネスワイヤ(英語)
Pan American Declares Dividend with Respect
to the First Quarter of 2023
Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS)
("Pan American") and Yamana Gold Inc. (TSX: YRI;
NYSE: AUY; LSE: AUY) ("Yamana") are pleased to provide an
update on the status of Pan American's proposed acquisition of all
of the issued and outstanding common shares of Yamana, following
the sale by Yamana of its Canadian assets, including certain
subsidiaries and partnerships which hold Yamana's interests in the
Canadian Malartic mine, to Agnico Eagle Mines Limited, all by way
of a plan of arrangement (the "Arrangement") under the
Canada Business Corporations Act.
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On March 23, 2023, the Mexican Federal Economic Competition
Commission approved the Arrangement. All required regulatory,
shareholder and court approvals, including the final court order,
have now been received and the Arrangement is anticipated to be
completed on or about March 31, 2023.
In addition, Pan American has declared a cash dividend of $0.10
per common share, payable on or about May 12, 2023, to holders of
record of Pan American’s common shares as of the close of markets
on April 14, 2023. The dividends are eligible dividends for
Canadian income tax purposes.
Pan American has selected this record and payment date to
harmonize its dividend with respect to the first quarter of 2023
with Yamana’s normal course dividend timing for payment of a first
quarter dividend. Subsequent dividends to be declared by Pan
American are expected to follow Pan American's previous schedule of
dividend payments.
About Pan American Silver
Pan American Silver owns and operates silver and gold mines
located in Mexico, Peru, Canada, Argentina and Bolivia. We also own
the Escobal mine in Guatemala that is currently not operating. Pan
American Silver provides enhanced exposure to silver through a
large base of silver reserves and resources, as well as major
catalysts to grow silver production. We have a 29-year history of
operating in Latin America, earning an industry-leading reputation
for sustainability performance, operational excellence and prudent
financial management. We are headquartered in Vancouver, B.C. and
our shares trade on NASDAQ and the Toronto Stock Exchange under the
symbol "PAAS".
Learn more at panamericansilver.com.
About Yamana
Yamana Gold Inc. is a Canadian-based precious metals producer
with significant gold and silver production, development stage
properties, exploration properties, and land positions throughout
the Americas, including Canada, Brazil, Chile and Argentina.
Cautionary Note Regarding Forward-Looking Statements and
Information
Certain of the statements and information in this news release
constitute "forward-looking statements" within the meaning of the
United States Private Securities Litigation Reform Act of 1995 and
"forward-looking information" within the meaning of applicable
Canadian provincial securities laws. All statements, other than
statements of historical fact, are forward-looking statements or
information. Forward-looking statements or information in this news
release relate to, among other things, that the Arrangement is
anticipated to be completed on or about March 31, 2023; and the
record date of April 14, 2023, and the anticipated payment date of
May 12, 2023, with respect to the dividend of Pan American.
These forward-looking statements and information reflect Pan
American's and Yamana’s current views with respect to future events
and are necessarily based upon a number of assumptions that, while
considered reasonable by Pan American and Yamana, are inherently
subject to significant operational, business, economic and
regulatory uncertainties and contingencies. Pan American and Yamana
caution the reader that forward-looking statements and information
involve known and unknown risks, uncertainties and other factors
that may cause actual results and developments to differ materially
from those expressed or implied by such forward-looking statements
or information contained in this news release and Pan American and
Yamana have made assumptions and estimates based on or related to
many of these factors. Among the key factors that could cause
actual results to differ materially from those projected in the
forward-looking information are the following: the ability of the
parties to consummate the Arrangement; changes in laws, regulations
and government practices in the jurisdictions where we operate; the
possibility that transactions contemplated by the Arrangement
Agreement will not be completed in the expected timeframe or at
all; and those risk factors (i) identified under the heading "Risk
Factors" in Pan American’s management information circular dated
December 20, 2022, (ii) identified under the heading “Risk Factors”
in Yamana’s management information circular dated December 20,
2022, (iii) identified under the heading "Risks Related to Pan
American's Business" in Pan American's most recent annual report on
form 40-F and annual information form dated February 22, 2023, and
(iv) discussed or referred to Yamana’s most recent annual report on
form 40-F and annual information form dated March 28, 2022, filed
with the United States Securities and Exchange Commission and
Canadian provincial securities regulatory authorities, as
applicable. Although Pan American and Yamana have attempted to
identify important factors that could cause actual results to
differ materially, there may be other factors that cause results
not to be as anticipated, estimated, described or intended.
Investors are cautioned against undue reliance on forward-looking
statements or information. Forward-looking statements and
information are designed to help readers understand management's
current views of our near and longer term prospects and may not be
appropriate for other purposes. Pan American and Yamana do not
intend, nor do they assume any obligation to update or revise
forward-looking statements or information, whether as a result of
new information, changes in assumptions, future events or
otherwise, except to the extent required by applicable law.
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version on businesswire.com: https://www.businesswire.com/news/home/20230324005121/en/
Siren Fisekci VP, Investor Relations & Corporate
Communications Ph: 604-806-3191 Email: ir@panamericansilver.com
Investor Relations 416-815-0220 1-888-809-0925 Email:
investor@yamana.com
FTI Consulting (UK Public Relations) Sara Powell / Ben Brewerton
+44 7974 201 715223 / +44 203 727 1000
Yamana Gold (NYSE:AUY)
過去 株価チャート
から 11 2024 まで 12 2024
Yamana Gold (NYSE:AUY)
過去 株価チャート
から 12 2023 まで 12 2024