Alamos Gold Announces Closing of Orford Mining Acquisition
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Orford Mining Corporation (TSXV:ORM) (“Orford Mining”).
- TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Orford Mining Corporation (TSXV:ORM) (“Orford Mining”).
- A Final Order was granted by the Ontario Superior Court of Justice on April 2, 2024 approving the Plan of Arrangement pursuant to which the Transaction was implemented.
- “We are pleased to complete the acquisition of Orford Mining and its highly prospective Qiqavik Gold Project, located in Northern Quebec.
- The acquisition is consistent with our strategy of building out a pipeline of high-quality, long-term projects, in good jurisdictions to complement our near-term organic growth projects in Canada,” said John A. McCluskey, President and Chief Executive Officer.