Alamos Gold is pleased to announce the completion of the previously announced plan of arrangement whereby Alamos acquired all of the issued and outstanding shares of Richmont Mines. Under the terms of the Transaction, all Richmont issued and outstanding common shares were exchanged on the basis of 1.385 Alamos common shares for each Richmont common [...]
S&P Dow Jones Indices Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The Arrangement Agreement between Alamos Gold and Richmont Mines has been successfully completed. Alamos Gold will acquire Richmont Mines via a share exchange – terms are 1.385 AGI/RIC. Richmont Mines will be removed from the S&P/TSX [...]
Alamos Gold and Richmont Mines are pleased to announce that they have been granted final court approval from the Quebec Superior Court of the plan of arrangement whereby Alamos will acquire all of the issued and outstanding shares of Richmont. The Transaction is expected to close on November 23, 2017, subject to applicable regulatory approvals and [...]
Alamos Gold and Richmont Mines are pleased to announce that shareholders of both companies have overwhelmingly voted in favour of the plan of arrangement at their respective special meetings of shareholders held earlier today. The Transaction, whereby Alamos will acquire all of the issued and outstanding shares of Richmont, was approved by 98.46 [...]
Richmont Mine announces operating and financial results for the three and nine months ended September 30, 2017. THIRD QUARTER AND NINE-MONTH HIGHLIGHTS - CONTINUING OPERATIONS(1) Revenues of $36.5 (US$29.2) million for the quarter and $123.4 (US$94.3) million for the nine-month period. Net earnings of $4.8 (US$3.8) million, or $0.08 (US$0.06) per [...]
Alamos Gold and Richmont Mines today announced that Institutional Shareholder Services Inc. and Glass, Lewis & Co., LLC , two leading proxy advisory firms, have recommended that both Alamos and Richmont shareholders vote FOR the plan of arrangement whereby Alamos will acquire all of the issued and outstanding shares of Richmont, at their special [...]
Alamos Gold and Richmont Mines today announced that Alamos and Richmont have been granted an interim order from the Quebec Superior Court authorizing various matters, including the holding of special meetings of Alamos and Richmont shareholders to consider the proposed plan of arrangement whereby Alamos will acquire all of the issued and [...]
Richmont Mines reports solid third quarter results from the Island Gold Mine with record quarterly production of 26,659 ounces of gold, at low cash costs1 of $666 (US$532) per ounce. For the nine-month period, the Island Gold Mine produced 76,541 ounces of gold at peer-leading cash costs of $637 (US$487) per ounce, positioning this cornerstone [...]
Richmont Mines announces that it has acquired 40,348,203 common shares of Monarques Gold, representing approximately 19.9% of the outstanding Common Shares. Prior to such acquisition, the Corporation did not own any Common Shares of Monarques. On October 2, 2017, Richmont acquired 34,633,203 Common Shares of Monarques as consideration for the sale [...]
Alamos Gold and Richmont Mines are pleased to announce that they have entered into a definitive agreement whereby Alamos will acquire all of the issued and outstanding shares of Richmont pursuant to a plan of arrangement, further enhancing Alamos' position as a leading intermediate gold producer. Under the terms of the Agreement, all of the [...]
Alamos Gold and Richmont Mines are pleased to announce that they have entered into a definitive agreement whereby Alamos will acquire all of the issued and outstanding shares of Richmont pursuant to a plan of arrangement, further enhancing Alamos' position as a leading intermediate gold producer. Under the terms of the Agreement, all of the [...]
Richmont Mines announces that it has entered into a definitive agreement with Monarques Gold, pursuant to which Monarques will acquire Richmont's Quebec based assets including the Beaufor Mine, the Camflo Mill and the Wasamac development project as well as all other mineral claims, mining leases and mining concessions located in the province of [...]