Halted .. FinancingALAMOS GOLD INC.-ANNOUNCES BOUGHT DEAL FINANCING
Alamos Gold Inc. has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets under which the underwriters have agreed to buy, on bought-deal basis by way of a short form prospectus, 9.4 million common shares at a price of $8 per common share for gross proceeds of $75.2-million. The company has granted the underwriters an option, for a period of 30 days following the closing of the offering, to purchase up to an additional 15 per cent of the offering to cover overallotments, if any. The net proceeds of the offering will be used for working capital and general corporate purposes. The offering is expected to close on or about Feb. 17, 2009, and is subject to company receiving all necessary regulatory approvals.