Alamos Gold has announced the appointment of Luc Guimond as Chief Operating Officer effective September 1st. As part of an established multi-year plan,…
Alamos Gold Inc. (
TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced the purchase of 15,900,000 common shares (the “Shares ) of Manitou Gold Inc. ( Manitou ), representing approximately 2.5% of the outstanding common shares of Manitou (the “Transaction”), on a partially diluted basis. The Shares are being acquired by Alamos by way of share purchase agreement with a third party at a price of C$0.08 per Share.
Prior to the closing of the Transaction, the Company had beneficial ownership of, or control and direction over 42,311,077 common shares and 4,520,000 warrants of Manitou, or 17.44% of its issued and outstanding common shares on a partially diluted basis (assuming exercise of the warrants).
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