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Bullboard - Stock Discussion Forum
Alamos Gold Inc(pre-merger)
T.AGI
Alternate Symbol(s):
AGI
Metals & Mining
Gold
Alamos Gold Inc. is a Canada-based intermediate gold producer with diversified production from three operations in North America. This includes the Young-Davidson mine and Island Gold District in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the Company has a portfolio of growth projects, including the Phase 3+ Expansion at Island Gold, and the Lynn...
Lake project in Manitoba, Canada. The Young-Davidson gold mine is located near the town of Matachewan, approximately 60 kilometers (km) west of Kirkland Lake in Northern Ontario, within the Abitibi Greenstone Belt. The Island Gold District is located just east of the town of Dubreuilville, 83 km northeast of Wawa in Northern Ontario. The Mulatos mine is located in the Sierra Madre Occidental Mountain range in the east-central portion of the State of Sonora, Mexico. The Lynn Lake project is located in northern Manitoba and consists of two primary sites, MacLellan and Gordon.
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TSX:AGI - Post Discussion
Alamos Gold Inc(pre-merger)
> Alamos Gold Announces Acquisition of Orford Mining
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•••
Betteryear2
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Post by
Betteryear2
on Jan 15, 2024 11:15am
Alamos Gold Announces Acquisition of Orford Mining
TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) --
Alamos Gold Inc.
(
TSX:AGI; NYSE:AGI
) (“Alamos” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) pursuant to which Alamos will acquire all of the issued and outstanding shares of Orford Mining Corporation (TSXV:ORM) (“Orford”) by way of a court-approved plan of arrangement (the “Transaction”). The acquisition will consolidate Alamos’ existing ownership of Orford shares through which the Company will add the highly prospective Qiqavik Gold Project, located in Quebec, Canada. Alamos will also be acquiring interests in several exploration stage critical mineral and gold projects in Quebec, including West Raglan, the Joutel Properties, and Nunavik Lithium.
Alamos Gold Announces Acquisition of Orford Mining (globenewswire.com)
(143)
•••
goldstd69
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Comment by
goldstd69
on Jan 15, 2024 1:05pm
looks like a positive move to me...2024 a year of takeovers and acquisitions....
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