Siskinds LLP Announces Agnico-Eagle Mines Ltd., Class Action

LONDON, ON, March 12, 2012 /CNW/ - Siskinds LLP today announced that it has filed a proposed class action in the Ontario Superior Court of Justice against Agnico-Eagle Mines Ltd. (TSX:AEM; AEM.WT.U), and certain of Agnico-Eagle's senior officers.

The proposed class includes all persons and entities who acquired securities of Agnico-Eagle from March 26, 2010 to October 19, 2011 (the "Class Period").  The action alleges, among other things, that the defendants failed to disclose the specific risks regarding ongoing water inflow at Goldex.

Persons and entities who acquired securities of Agnico-Eagle during the Class Period are encouraged to register at: http://www.classaction.ca/joinaction.aspx?action=agnicoeagle. Inquiries should be directed to Nicole Young of Siskinds at [phone] (ext. 2380) or at [email protected].

For media inquiries:

Michael Robb, Siskinds LLP
[phone]
[email protected]