Mr. Randy Buffington reports

ALLIED NEVADA ANNOUNCES CLOSING OF PREVIOUSLY ANNOUNCED PUBLIC OFFERING OF COMMON STOCK AND WARRANTS

Allied Nevada Gold Corp. has closed the previously announced public offering of shares of common stock and warrants, and issued 21.75 million shares and 10,875,000 warrants for gross proceeds of $21.75-million (U.S.). In connection with the purchase, investors received one share of the company's common stock and one-half warrant to purchase its common stock for a price of $1 (U.S.). Each whole warrant entitles the holder thereof to purchase one share of the company's common stock at an exercise price of $1.10 (U.S.) for a period of five years from the closing date of the offering. The warrants will not be separately listed for trading. H.C. Wainwright & Co. LLC acted as the sole lead placement agent for the offering in the United States, and Canaccord Genuity Corp. acted as co-placement agent for the offering in Canada.

The offering was conducted in the United States only by means of a prospectus supplement and an accompanying prospectus filed as part of an effective shelf registration statement, filed with the Securities and Exchange Commission on Form S-3 (file No. 333-200357), which was declared effective by the SEC on Nov. 25, 2014.

Additional details of the company's business, finances, appointments and agreements, including the United States prospectus supplement mentioned above, can be found as part of the company's continuous public disclosure as a reporting issuer with the SEC on EDGAR and filed with Canadian securities regulators on SEDAR. Alternatively, copies of the United States prospectus supplement can be obtained by request at H.C. Wainwright & Co. by contacting by telephone at 212-356-0527.

We seek Safe Harbor.