Minera Alamos Inc. is pleased to report additional drill results from its Phase 2 drill program at the Santana gold project, Sonora, Mexico. The new holes were intended primarily to evaluate the southwest and southerly extensions of the Nicho main zone as the Company works to fully define the outer limits of the proposed Nicho pit. A deeper hole [...]
Minera Alamos Inc. will postpone filing its annual financial statements and management's discussion and analysis for the year ended December 31, 2019 , due to logistics and delays caused by the COVID19 pandemic. Minera is relying on exemptive relief granted by Canadian securities regulatory authorities that allows the filing delay of its annual [...]
Minera Alamos Inc. is pleased to report that following shareholder approval of the previously announced Santana project funding package provided by Osisko Gold Royalties , the Company has closed the royalty agreement and received gross proceeds of C$5,000,000. In combination with the C$6,000,000 equity placement completed by Osisko in January of [...]
Minera Alamos Inc. reports that, in light of the increasing global responses to the COVID-19 virus outbreak, the Company has executed an internal plan of action to help minimize any disruptions to ongoing operations while ensuring the health and safety of Company personnel, community partners and other stakeholders that our teams interact with [...]
Minera Alamos Inc. is pleased to announce that, at the meeting held on February 20, 2020, its disinterested shareholders overwhelmingly approved the sale to Osisko Gold Royalties of the Royalty and Optional Royalty, all on the terms and subject to the conditions more fully disclosed in Minera's press release of December 6, 2019. The Company and [...]
Minera Alamos Inc. announces that is has disposed of 3,360,000 common shares in the capital of Prime Mining Corp. for gross proceeds of $1,213,000. Proceeds from the disposition will be used to fund the acquisition of the recently announced crushing system and as a result, the crushing system purchase will not impact available working capital for [...]
Minera Alamos Inc. is pleased to announce the results from the first drill holes of its ongoing Phase 2 drill program at the Santana gold project. The Phase 2 program has a number of different goals that include further testing of the Divisadero discovery from 2018; better definition of the outer limits of the proposed Nicho and Nicho Norte open [...]
Minera Alamos Inc. is pleased to announce it has entered into an Equipment Purchase Agreement with Mako Mining Corp., Marlin Gold Mining Ltd. and Oro Gold de Mexico S.A. de C.V. to acquire a complete crushing, screening and agglomeration system for the future growth of the Santana gold project. "This agreement leverages the financial flexibility [...]
Minera Alamos Inc. is pleased to announce that construction of its Santana gold mine in Sonora, Mexico, is underway. This marks a major step in the Company's transition from gold project developer to gold producer in 2020. Minera intends to provide regular construction updates at key milestones during the estimated 6-8 month construction period and [...]
Minera Alamos Inc. is pleased to announce it has closed the private placement announced on December 6th, 2019 consisting of 30,000,000 common shares of the Company at a price of $0.20 per Common Share for aggregate gross proceeds of $6,000,000 with Osisko Gold Royalties Ltd. . As a result of the Offering, Osisko has increased its shareholdings of [...]
Minera Alamos Inc. is pleased to announce that it has agreed to a C$14 million combined equity and royalty financing package with Osisko Gold Royalties Ltd. that will provide financing to advance the Company's plans to commence construction of its planned Santana gold mine in Sonora, Mexico. Highlights of the transaction include: Osisko will [...]
Minera Alamos Inc. is pleased to announce the results of voting at its Annual General Meeting of Shareholders held Thursday, November 21, 2019 in Toronto, Canada. Shareholders voted overwhelmingly in favour of all items put forward by the Board of Directors and Management. All four of the individuals nominated for the board of directors were [...]