Agnico Eagle Participates in Orla Mining Ltd. Financing

TORONTO, Feb. 15, 2018 /CNW/ – Agnico Eagle Mines Limited (NYSE: AEM, TSX: AEM) (“Agnico Eagle”) announced today that it has acquired 1,740,500 units (“Units”) of Orla Mining Ltd. (TSX-V: OLA) (“Orla”) at a price of $1.75 per Unit for total consideration of $3,045,875.  Each Unit is comprised of one common share of Orla (a “Common Share”) and one-half of one common share purchase warrant of Orla (each full common share purchase warrant, a “Warrant”).  Each Warrant entitles the holder to acquire one Common Share at a price of $2.35 at any time prior to February 15, 2021.  Agnico Eagle acquired the Units pursuant to a public offering of Units by Orla under a short form prospectus (the “Offering”).  The Offering closed on February 15, 2018.