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    gold investing

    Alamos Gold Announces Completion of Acquisition of Richmont Mines

    Priscila Barrera
    Nov. 23, 2017 08:56AM PST
    Precious Metals

    Alamos Gold Inc. (“Alamos”) (TSX:AGI) (NYSE:AGI) is pleased to announce the completion of the previously announced plan of arrangement (the “Transaction”) whereby Alamos acquired all of the issued and outstanding shares of Richmont Mines Inc. (“Richmont”) (TSX:RIC) (NYSE:RIC). As quoted in the press release: “With the completion of the acquisition, we have greatly strengthened our …

    Alamos Gold Inc. (“Alamos”) (TSX:AGI) (NYSE:AGI) is pleased to announce the completion of the previously announced plan of arrangement (the “Transaction”) whereby Alamos acquired all of the issued and outstanding shares of Richmont Mines Inc. (“Richmont”) (TSX:RIC) (NYSE:RIC).
    As quoted in the press release:

    “With the completion of the acquisition, we have greatly strengthened our asset base, cash flow generation and profitability. Combined with our peer leading growth profile and debt-free balance sheet, we have solidified our positioning as a leading intermediate gold producer and are well positioned to deliver long term shareholder value,” said John A. McCluskey, President and Chief Executive Officer of Alamos.

    Click here for the full text release

    nyse:rictsx:ricrichmont minesnyse:agialamos goldgold investingtsx:agirichmont mines inc
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