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

MARKETS

Markets
TSX19057.12+340.00
TSXV645.05+13.26
DOW31340.30+662.94
S&P 5003886.53+90.80
NASD11502.37+270.18
ASX6528.40+19.90

COMMODITIES

Commodities
Gold1828.22+3.81
Silver21.15+0.15
Copper3.74-0.01
Palladium1876.00+36.23
Platinum911.00+1.00
Oil106.83+2.56
Heating Oil4.24+0.02
Natural Gas6.17-0.07

DOWNLOAD FREE REPORTS

×