TORONTO, June 26, 2015 /PRNewswire/ --
Alamos Gold Inc. ("Alamos")
(TSX/NYSE:AGI) and AuRico Gold Inc. ("AuRico") (TSX/NYSE:
AUQ) are pleased to announce that they have been granted
final court approval from the Ontario Superior Court of Justice
(Commercial List) to combine the two companies by way of a plan of
arrangement ("Arrangement"). The Arrangement is expected to
close July 2, 2015, subject to
applicable regulatory approvals and the satisfaction of other
customary conditions.
About Alamos Gold
Alamos is an established
Canadian-based gold producer that owns and operates the Mulatos
Mine in Mexico, and has
exploration and development activities in Mexico, Turkey and the
United States. The Company employs more than 500 people and
is committed to the highest standards of sustainable development.
As of May 5, 2015, Alamos had 127,357,486 common shares
outstanding (140,164,052 shares fully diluted), which are traded on
the TSX and NYSE under the symbol "AGI".
About AuRico
Gold
AuRico Gold is a leading Canadian
gold producer with mines and projects in North America that have significant production
growth and exploration potential. The Company is focused on its
core operations including the cornerstone Young-Davidson gold mine in northern Ontario, and the El Chanate mine in Sonora
State, Mexico. AuRico's project
pipeline also includes the advanced development Kemess Property in
northern British Columbia and the
Lynn Lake Gold Camp in northern Manitoba. The Company also has other
exploration opportunities in Canada and Mexico. AuRico's head office is located in
Toronto, Ontario, Canada.
The TSX and NYSE have not reviewed and do not accept
responsibility for the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained
herein.
Alamos Cautionary Statement
No stock exchange, securities commission or other regulatory
authority has approved or disapproved the information contained
herein. This News Release includes certain "forward-looking
statements". All statements other than statements of historical
fact included in this release are forward-looking statements that
involve various risks and uncertainties. These forward-looking
statements are based on forecasts of future operational or
financial results, estimates of amounts not yet determinable and
reasonable assumptions of management. Although Alamos has attempted to identify important
factors that could cause actual results to differ materially, there
may be other factors that cause results not to be as anticipated,
estimated or intended. Readers are asked to review the "Risk
Factors" set out in Alamos' Annual
Information Form and other Alamos
filings available on SEDAR and EDGAR. There can be no assurance
that such statements will prove to be accurate as actual results
and future events could differ materially from those anticipated in
such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.
AuRico Cautionary Statement
This press release may contain forward-looking statements and
forward-looking information as defined under Canadian and U.S.
securities laws.
All statements, other than statements of historical fact, are
forward-looking statements. The words "expect", "believe",
"anticipate", "will", "intend", "estimate", "forecast", "budget"
and similar expressions identify forward-looking statements.
Forward-looking statements are necessarily based upon a number of
factors and assumptions that, while considered reasonable by
management at the time of making such statements, are inherently
subject to significant business, economic and competitive
uncertainties and contingencies. Known and unknown factors could
cause actual results to differ materially from those projected in
the forward-looking statements. Readers should refer the section
entitled the Risk Factors in our latest MD&A and other filings
available on SEDAR and EDGAR, which set out the material factors
that would cause results to differ.
Please visit the Alamos and
AuRico websites at http://www.alamosgold.com and
http://www.auricogold.com or contact: Scott
Parsons, Vice President, Investor Relations, Alamos Gold
Inc., +1-416-368-9932 x439, sparsons@alamosgold.com; Anne Day, Vice President, Investor Relations
& Communications, AuRico Gold Inc., +1-647-260-8880,
anne.day@auricogold.com
