AGNICO EAGLE REPORTS THIRD QUARTER 2017 RESULTS INCLUDING RECORD QUARTERLY GOLD PRODUCTION; IMPROVED 2017 PRODUCTION AND COST GUIDANCE; NUNAVUT PROJECTS REMAIN ON SCHEDULE AND ON BUDGET; DIVIDEND INCREASED BY 10%

https://s21.q4cdn.com/374334112/files/doc_news/news_documents/2017/Q3-2017-AEM-Results-FINAL.pdf

Toronto (October 25, 2017) – Agnico Eagle Mines Limited (NYSE:AEM, TSX:AEM)
(“Agnico Eagle” or the “Company”) today reported quarterly net income of $71.0 million, or $0.31 per share, for the third quarter of 2017. This result includes non-cash foreign currency translation gains on deferred tax liabilities of $5.7 million ($0.03 per share), unrealized gains on financial instruments (net of tax) of $5.3 million ($0.02 per share), non-cash foreign currency translation losses of $4.3 million ($0.02 per share) and various mark-to-market and other adjustment losses (net of tax) of $2.2 million ($0.01 per share).
Excluding these items would result in adjusted net income1 of $66.5 million or $0.29 per share for the third quarter of 2017. In the third quarter of 2016, the Company reported net income of $49.4 million or $0.22 per share.
Not included in the third quarter of 2017 adjusted net income is non-cash stock option
expense of $3.7 million ($0.02 per share).

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