13:21:29 EDT Sat 27 Apr 2024
Enter Symbol
or Name
USA
CA



AuRico Metals Inc
Symbol AMI
Shares Issued 118,120,001
Close 2015-08-28 C$ 0.74
Market Cap C$ 87,408,801
Recent Sedar Documents

AuRico arranges $5.6-million placement with Alamos

2015-08-31 08:20 ET - News Release

Also News Release (C-AGI) Alamos Gold Inc

Mr. Chris Richter of AuRico reports

AURICO METALS ANNOUNCES PRIVATE PLACEMENT WITH ALAMOS GOLD

AuRico Metals Inc. has arranged a private placement with Alamos Gold Inc., whereby Alamos will purchase eight million AuRico Metals shares at a per share price of 70 cents for total proceeds of $5.6-million. Together with the 5,767,855 shares Alamos already owns in AuRico Metals, Alamos now controls 10.9 per cent of the issued and outstanding shares of the company.

"We are pleased to announce this private placement with Alamos, a top-tier global gold producer," commented Chris Richter, president and chief executive officer of AuRico Metals. "Alamos's investment is a further endorsement of our valuable portfolio of high-quality assets -- assets which Alamos knows very well. The additional liquidity also strengthens our ability to pursue accretive growth opportunities."

The private placement is subject to the approval of the Toronto Stock Exchange.

We seek Safe Harbor.

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