RE:RE:RE:Lid on stock - 10 cent warrants Minera Alamos Inc., further to its press release dated Feb. 26, 2019, has closed the non-brokered private placement offering of 49,947,500 common shares of the company at a price of 10 cents per common share for aggregate gross proceeds of $4,994,750.
The offering included participation of existing institutional investors. As a result, the Donald Smith Value Fund increased its ownership in the company to approximately 9.8 per cent and the Aegis Value Fund increased its ownership to approximately 4.9 per cent.
"Minera appreciates the ongoing support of both Donald Smith and Aegis, as well as the other participants in the offering, as we begin a transformational year leading toward construction decisions at our Santana and Fortuna gold projects," stated Doug Ramshaw, presid