Mr. John McCluskey of Alamos Gold reports

ALAMOS GOLD ANNOUNCES CLOSING OF ORFORD MINING ACQUISITION

Alamos Gold Inc. has completed the previously announced acquisition of all the issued and outstanding common shares of Orford Mining Corp. 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.

About Alamos Gold Inc.

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson and Island gold mines in Northern Ontario, Canada, and the Mulatos mine in Sonora state, Mexico. Additionally, the company has a strong portfolio of growth projects, including the phase 3+ expansion at Island and the Lynn Lake project in Manitoba, Canada. Alamos employs more than 1,900 people and is committed to the highest standards of sustainable development. The company's shares are traded on the Toronto Stock Exchange and New York Stock Exchange under the symbol AGI.

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