Yamana Gold’s Option With Joint Venture Rights

Yamana Gold’s Option With Joint Venture Rights in Respect of Its Suyai Property in Argentina

YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or the “Company”) announced it has entered into a definitive option agreement (the “Option Agreement”) pursuant to which it has granted a privately-held portfolio management and capital markets company based in Argentina, owned by Messrs. Eduardo Elsztain and Saúl Zang, will acquire up to a maximum 40% interest in a joint venture formed to hold the Suyai Project, an advanced stage gold project located in Chubut Province in Southern Argentina.
Zang, Bergel & Viñes advised Consultores Asset Management (CAM) with Pablo Vergara del Carril, Amalia Sáenz, María Laura Barbosa, Nicanor Berola, Alejandro Estivariz, Ignacio Pablo Milito Bianchi, Florencia Vega and Adrián Nadales.

In Canada, Cassels Brock & Blackwell advised Yamana Gold Inc. with Cathy Mercer.

In the Netherlands, Heussen B.V. advised Yamana Gold Inc. with Tim Schreuders, Martijn Koot, Juliëtte Schueler, Thijs Butter and Corine Vos.

In Argentina, Beretta Godoy advised Yamana Gold Inc. with Juan Sonoda, Tomás Balzano, María Angélica Grisolía and Yanina Odriozola.

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