Mining Asset Sale

Agnico Eagle Announces Sale of Mining Projects and Investment in Vizsla Copper

NICO EAGLE (NYSE: AEM) and its wholly-owned subsidiary, (TSX: AOM), have entered into a securities and asset purchase agreement with (TSV: VCU, OTCQB: VCUFF) and (TTSX.V) and their subsidiary, "Delta", to sell all of the issued and outstanding membership interests of (Delta), a limited liability company that holds the mining claims for the Delta base and precious metal project. The transaction is subject to certain closing conditions, including approval from the (the "TSXV"), and is expected to close in the fourth quarter of 2026. The total value of the transaction is $22,523,283 common shares (Common Shares) and $2,903,490 Common Shares (Deferred Consideration Shares), which represent approximately 19.99% of the total 19.0% of issued and remaining Common Shares as at the date of the Purchase Agreement, will be issued at a deemed price per Common Share for an aggregate value of approximately $800,000. The Transaction constitutes a "Reviewable Transaction" under TSV policy and will result in becoming an Insider.

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