RE:RE:who ever sold is getting back in Check out Sedar. There is a news release saying the shares are up now.
ALIO GOLD INC.
$50,000,000
8,000,000 Units
This short form prospectus (this “Prospectus”) qualifies the distribution (the “Offering”) of 8,000,000 units (the “Offered Units”) of
Alio Gold Inc., formerly known as Timmins Gold Corp. (“Alio Gold” or the “Company”) at a price of $6.25 per Offered Unit (the
“Offering Price”). Each Offered Unit consists of one common share in the capital of the Company (each, a “Common Share”) and
one half of one common share purchase warrant of the Company (each whole common share purchase warrant, a “Warrant”). Each
Warrant will entitle the holder thereof to purchase one Common Share (each, a “Warrant Share”) at an exercise price of $8.00 per
Warrant Share at any time up to 5:00 p.m. (Vancouver time) on the date that is 12 months from the Closing Date (as defined below)
(the “Warrant Expiry Time”). The Common Shares and Warrants comprising the Offered Units will separate immediately upon the
closing of the Offering. See “Plan of Distribution”. The Offering is being made pursuant to an underwriting agreement dated
July 5, 2017 (the “Underwriting Agreement”) among the Company and Cormark Securities Inc. and Clarus Securities Inc. (together,
the “Co-Lead Underwriters”), Raymond James Ltd. and BMO Nesbitt Burns Inc. (collectively, with the Co-Lead Underwriters, the
“Underwriters”). The Offering Price was determined by arm’s length negotiation between the Company and the Co-Lead
Underwriters on behalf of the Underwriters.
The outstanding Common Shares are listed and posted for trading on the Toronto Stock Exchange (the “TSX”) and on the NYSE
MKT, LLC (the “NYSE MKT”) under the symbol “ALO”. The Existing Warrants (as defined below) are listed and posted for trading
on the TSX under the symbol “ALO.WT”. On July 11, 2017 (the last trading day prior to the date of this Prospectus), the closing price
of the Common Shares on the TSX was $5.54 and on July 11, 2017 (the last trading day prior to the date of this Prospectus) the
closing price of the Common Shares on the NYSE MKT was US$4.32. On July 11, 2017, the closing price of the Existing Warrants
on the TSX was $0.14. The Company has received conditional approval to list the Common Shares and the Warrants (including the
Warrant Shares) comprising the Offered Units on the TSX, and has received approval to list the Common Shares that are part of the
Offered Units and Warrant Shares underlying the Warrants on the NYSE MKT. Listing will be subject to the Company fulfilling all of
the listing requirements of the TSX and the NYSE MKT.