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Alamos Gold Inc
Symbol AGI
Shares Issued 127,357,486
Close 2015-04-27 C$ 8.23
Market Cap C$ 1,048,152,110
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Alamos's Agi Dagi EIA approval returns to good standing

2015-04-28 07:19 ET - News Release

Mr. John McCluskey reports

ALAMOS REPORTS POSITIVE AGI DAGI EIA DEVELOPMENTS

The injunction order granted against the Turkish Ministry of the Environment and Urbanization's approval of the environmental impact assessment for Alamos Gold Inc.'s Agi Dagi gold project has been dismissed by the Canakkale administrative court. With this ruling, the ministry's approval of the EIA has been returned to good standing.

The ministry previously signed and issued formal approval in the form of an EIA positive decision certificate for Agi Dagi in August, 2014. In January, 2015, the Canakkale administrative court in Turkey granted an injunction order against the ministry's approval of the EIA. The ministry successfully appealed the ruling with the Canakkale administrative court dismissing the injunction on the basis that the challenge against the EIA approval was registered after the deadline for such challenges to be filed had expired.

"This decision by the court is indeed very welcome news for our company and shareholders. Our team in Turkey is particularly gratified and looking forward to resuming work on the project," said John McCluskey, president and chief executive officer.

We seek Safe Harbor.

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