• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Minerals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Alamos Gold Announces Completion of Acquisition of Richmont Mines

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

    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
    The Conversation (0)

    Go Deeper

    AI Powered
    Alamos Gold Announces Closing of Quartz Mountain Project Sale

    Alamos Gold Announces Closing of Quartz Mountain Project Sale

    Alamos Gold Announces Closing of the Sale of its Turkish Development Projects

    Alamos Gold Announces Closing of the Sale of its Turkish Development Projects

    Latest News

    5m @ 13.1g/t Gold Intersected within 20m Mineralised Zone in First Drill Hole to Test New Target at Titan East

    $2.48M Capital Raise to Accelerate Drilling at Mt Solitary

    Quarterly Activities and Cashflow Report

    Rio Silver Receives Conditional Approval for $2.2M Private Placement

    Apollo Silver Closes $26.78 Million Private Placement Offering

    More News

    Outlook Reports world

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Precious Metals Investing Stocks

    Cartier Resources

    ECR:CC

    Rua Gold

    RUA:CC

    Pinnacle Silver and Gold

    PINN:CC

    JZR Gold

    JZR:CA

    Blue Jay Gold

    Providence Gold Mines

    PHD:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES