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Alio Gold Inc. T.ALO

"Alio Gold Inc is a gold mining company. It is engaged in exploration, development and production in Mexico. Its projects include San Francisco mine in Sonora, Mexico and the development stage Ana Paula project in Guerrero, Mexico."


TSX:ALO - Post by User

Post by BASTILLEDAY4Uon May 11, 2018 10:14pm
163 Views
Post# 28021444

Rye Patch provides additional disclosure

Rye Patch provides additional disclosurehttps://www.canadianminingjournal.com/press-releases/story/?id=1004201817

Pursuant to these agreements, if the Arrangement is completed and the entitlements are triggered as described above, Mr. Howald would be entitled to receive cash compensation of approximately US$645,000 plus three times his annual bonus, Mr. Wood would be entitled to receive cash compensation of approximately C$477,288 together with an amount equal to any bonus paid or payable to him in respect of the most recently completed financial year, and Mr. Jones would be entitled to receive approximately US$220,160.

Members of the special committee of the Company formed in respect of the Arrangement (the "Special Committee") were paid a retainer of US$12,000(US$20,000 for the Chair) in connection with their service on the Special Committee.


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