Alio Gold Inc. today reported its third quarter 2019 results. Third Quarter 2019 Summary Gold production1 of 17,787 ounces at cash costs1,2 of $1,239/oz. Loss of $127.1 million, or $1.50 per share, inclusive of $119.2 million in impairments to mineral properties and other assets. Cash used in operating activities was $1.6 million. Cash and cash [...]
Alio Gold Inc. , announces the signing of lease agreements for the acquisition of new loading and hauling equipment at the Florida Canyon Mine . The fleet is comprised of thirteen 90-tonne haul trucks and three matched front-end loaders. A maintenance and services contract has also been signed that provides guaranteed mechanical availability of the [...]
Alio Gold Inc. today reported its second quarter 2019 results. Second Quarter 2019 Highlights Gold production1 of 21,483 ounces at all-in sustaining cost1,2 of $1,307/oz. Net loss of $3.8 million, or $0.05 per share. Cash used in operating activities was $0.4 million. Cash and cash equivalents of $17.5 million, net working capital3 of $60.8 million [...]
Alio Gold Inc. , has received formal notice from Maverix Metals Inc. , a 3.25% royalty holder over the Company’s Florida Canyon property, seeking arbitration to resolve disputed allowable deductions in the royalty calculations. The Company has been in discussions with Maverix since acquiring the Florida Canyon property in May 2018. The [...]
Alio Gold Inc. , reports the voting results from its annual general and special meeting of shareholders held today in Vancouver, British Columbia . Each of the matters voted upon at the Meeting is described in detail in the Company’s Information Circular dated May 27, 2019, which is available on the Company’s website at [...]
Alio Gold Inc. today announced that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR all proposed items to be considered at the upcoming Annual General & Special Meeting of Shareholders of Alio Gold Inc. being held on June 27, 2019 at 2:00pm Pacific Time at the offices of Blake, Cassels [...]
Alio Gold Inc. , announces that its Annual General and Special Meeting will be held on Thursday, June 27, 2019 at 2:00pm Pacific Standard Time at the offices of Blake, Cassels & Graydon LLP, 595 Burrard Street, Suite 2600, Vancouver, British Columbia. The record date for the Annual General and Special Meeting is May 27, 2019. The Notice of Meeting [...]
Alio Gold Inc. today reported its first quarter 2019 results. First Quarter 2019 Highlights Gold production1 of 23,231 ounces at all-in sustaining cost1,2 of $1,278/oz. Net earnings of $1.6 million, or $0.02 per share. Cash provided by operating activities was $2.5 million. Cash and investments of $18.9 million, working capital3 of $64.2 million as [...]
Alio Gold Inc. The Company announces that it has received today a Notice of Civil Claim from a former shareholder of Rye Patch Gold Corp. whose shares were acquired by the Company by way of Plan of Arrangement on May 25, 2018. The plaintiff brought the claim pursuant to the Class Proceedings Act and is seeking damages against the Company and [...]
Alio Gold Inc. , today announced that it will release its first quarter 2019 results on Wednesday, May 8, 2019, before the market opens. About Alio Gold Alio Gold is a growth oriented gold mining company, focused on exploration, development and production in Mexico and the USA. Its principal assets include its 100%-owned and operating San Francisco [...]
Alio Gold Inc. today reported its fourth quarter and year end 2018 results. Production results were previously released on January 15, 2019. 2018 Highlights and Outlook Gold production1 of 83,634 ounces at all-in sustaining cost1,2 of $1,338/oz. Net loss of $14.0 million, or $ per share. Cash used in operating activities was $18.4 million. Cash and [...]
Alio Gold Inc. , today announces that Chief Executive Officer, Greg McCunn, has advised the Board that he will be resigning to pursue another opportunity. Mr. McCunn’s departure will be effective in March, following completion of the year end financial reporting process. The Board of Directors has appointed Mark Backens as President and CEO [...]
