TORONTO, Feb. 4, 2022 /CNW/ - The shareholders of Agnico Eagle Mines Limited (TSX: AEM) and Kirkland Lake Gold Ltd. (TSX: KL) have agreed to a merger of equals resulting in the combination of the two companies by plan of arrangement. Each share of Kirkland Lake Gold will be exchanged for 0.7935 shares of Agnico Eagle Mines. Kirkland Lake Gold will be removed from the S&P/TSX Composite Index and S&P/TSX 60 Index prior to the open of trading on Wednesday, February 9, 2022.

Hydro One Limited (TSX:H) will replace Kirkland Lake Gold in the S&P/TSX 60 Index effective prior to the open of trading on Wednesday, February 9, 2022.

S&P/TSX 60 INDEX – February 9, 2022


COMPANY

GICS SECTOR

GICS SUB-INDUSTRY

ADDED

Hydro One Limited (TSX:H)

Utilities

Electric Utilities

DELETED

Kirkland Lake Gold Ltd.
(TSX:KL)

Materials

Gold

 

S&P/TSX COMPOSITE INDEX – February 9, 2022


COMPANY

GICS SECTOR

GICS SUB-INDUSTRY

DELETED

Kirkland Lake Gold Ltd.
(TSX:KL)

Materials

Gold

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