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Minera Alamos Inc V.MAI

Alternate Symbol(s):  MAIFF

Minera Alamos Inc. is a gold production and development company. The Company has a portfolio of Mexican assets, including the 100%-owned Santana open-pit, heap-leach mine in Sonora that is going through the start-up of operations at the new Nicho Main deposit. The Santana Property consists of certain mining claims located approximately east-southeast of Hermosillo, Sonora, Mexico. Additionally, the Company holds a 100% interest in certain contiguous mining concessions referred to as Santa Lucia and Hilda 35 Fraccion 1, located in Sonora State, Mexico. Its 100%-owned Cerro de Oro oxide gold project that comprises Zacatecas I and Zacatecas II concessions is located in northern Zacatecas and covers about 6,500-hectare (ha). The Company holds a 100% interest in the La Fortuna open pit gold project in Durango, which covers about 6,200 ha. The Company also holds a 100% interest in a mining property known as Los Verdes, a molybdenum-copper property located in the State of Sonora, Mexico.


TSXV:MAI - Post by User

Post by GoldenPolarBearon Nov 23, 2024 6:58pm
66 Views
Post# 36327655

« Minera Alamos Announces C$8.5 Million Bought Deal Private

« Minera Alamos Announces C$8.5 Million Bought Deal Private

"...NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Minera Alamos Inc. (TSXV: MAI; OTCQX: MAIFF) (“Minera Alamos” or the “Company”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. (“NBF”) as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters (collectively, the “Underwriters”), pursuant to which the Underwriters will purchase 28,333,000 common shares (the “Shares”) of the Company at a price of C$0.30 (the “Offering Price”) per Common Share, on a “bought deal” private placement basis, with a right to arrange for substituted purchasers, pursuant to the listed issuer financing exemption (“LIFE”), for aggregate gross proceeds to the Company of approximately C$8.5 million (the “Offering”). The Company has also granted NBF an option exercisable at any time up to 48 hours prior to the closing of the Offering, to purchase for placement up to an additional 5,000,000 Shares at the Offering Price, for additional gross proceeds of up to C$1.5 million...."


https://www.globenewswire.com/news-release/2024/11/20/2984303/0/en/Minera-Alamos-Announces-C-8-5-Million-Bought-Deal-Private-Placement-of-Common-Shares.html

https://www.si.com/mlb/pirates/news/pittsburgh-pirates-termarr-johnson-eyes-gold-medal-team-usa

https://www.bostonherald.com/2024/11/20/new-england-stars-going-for-premier12-gold-with-tokyo-bound-usa-baseball/

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