Independent Proxy Advisory Firms ISS and Glass Lewis Recommend Shareholders Vote for the Proposed Arrangement With Pan American and Agnico Eagle
TORONTO, Jan. 13, 2023 (GLOBE NEWSWIRE) — Yamana Gold Inc. (TSX:YRI; NYSE:AUY; LSE:AUY) (“Yamana” or the “Company”) is pleased to announce that the Company has received positive recommendations from both Institutional Shareholder Services (“ISS”) and Glass, Lewis & Co. LLC (“Glass Lewis”) in support of the previously announced arrangement involving the acquisition by Pan American Silver Corp. (“Pan American”) of all of the issued and outstanding common shares of the Company 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 (“Agnico Eagle”), all by way of a plan of arrangement under the Canada Business Corporations Act (the “Proposed Transaction”).