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TMAC Resources Inc.

10:39 AM EST - TMAC Resources Inc. : Updated the market on its transaction with Agnico Eagle Mines Limited and provide notice to its shareholders of the hearing scheduled to consider the Agnico Final Order (as defined below).. As announced on January 5, 2021, TMAC and Agnico Eagle agreed that Agnico Eagle will acquire all of the issued and outstanding common shares of TMAC at an all-cash price of $2.20 per share. The Transaction is being effected by way of assignment to Agnico Eagle of the arrangement agreement between TMAC and Shandong Gold Mining Co., Ltd. and its affiliate dated May 8, 2020. TMAC Resources Inc. shares T.TMR are trading down $0.01 at $2.18.