Articles from Alamos Gold Inc.

Lynn Lake expected to provide additional low-cost growth starting in 2028 with construction decision announced

All amounts are in United States dollars, unless otherwise stated.

TORONTO, Jan. 08, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) today announced the appointment of J. Robert S. Prichard as Chair of the Board of Directors, effective January 8, 2025. Mr. Prichard will succeed Paul Murphy, who sadly passed away in December 2024 after serving on the Board for over 14 years, and as Chairman for the past nine years.

All amounts are in United States dollars, unless otherwise stated.

TORONTO, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) is deeply saddened to announce the passing of Paul J. Murphy, a Board member for over 14 years and Chairman for the past nine years.

All amounts are in United States dollars, unless otherwise stated.

Record production and revenue support strong ongoing free cash flow while funding growth

All amounts are in United States dollars, unless otherwise stated.

TORONTO, Sept. 20, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is proud to announce a significant contribution to The Princess Margaret Cancer Foundation to create the new Alamos Gold Chair in Gastrointestinal Surgical Oncology. The Company’s $2 million contribution over ten years will support the new Chair in making a meaningful impact on cancer research aimed at better understanding, diagnosing, and treating gastrointestinal cancers.

Production guidance increased over 20% in 2025 to 2026 with inclusion of Magino; capital guidance increased to support high-return growth projects

All amounts are in United States dollars, unless otherwise stated.

TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced the appointment of Tony Giardini to its Board of Directors. Additionally, Scott K. Parsons has been appointed Senior Vice President, Corporate Development and Investor Relations, and Khalid Elhaj has been appointed Vice President, Business Development and Investor Relations.

All amounts are in United States dollars, unless otherwise stated.

All amounts are in United States dollars, unless otherwise stated.

All amounts are in United States dollars, unless otherwise stated.

Record production and lower costs drive record free cash flow of $107 million

All amounts are in United States dollars, unless otherwise stated

All amounts are in United States dollars, unless otherwise stated.

All amounts are in United States dollars, unless otherwise stated.

All amounts are in United States dollars, unless otherwise stated

All amounts are in United States dollars, unless otherwise stated.

TORONTO, May 30, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 15 consecutive years during which time $344 million has been returned to shareholders through dividends and share buybacks, including $20 million thus far in 2024.

All amounts are in United States dollars, unless otherwise stated.

All amounts are in United States dollars, unless otherwise stated.

Production exceeds guidance driving record quarterly revenues and strong ongoing free cash flow

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (“Alamos”) (TSX:AGI; NYSE:AGI) and Argonaut Gold Inc. (“Argonaut”) (TSX:AR) today announced the closing of their previously announced non-brokered private placement, pursuant to which Alamos subscribed (the “Private Placement”) for 174,825,175 common shares of Argonaut (the “Acquired Shares”), representing approximately 13.8% of Argonaut’s total outstanding common shares (the “Common Shares”) after giving effect to the Private Placement. The Acquired Shares were acquired at a price of C$0.286 per share, for total gross proceeds to Argonaut of C$50,000,000.

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Orford Mining Corporation (TSXV:ORM) (“Orford Mining”). 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.

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its first quarter 2024 financial results after market close on Wednesday, April 24, 2024. Senior management will host a conference call on Thursday, April 25, 2024 at 11:00 am ET to discuss the results. The Company will hold its 2024 Annual General and Special Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 23, 2024.

Unlocking Value Through the Creation of One of Canada’s Largest and Lowest Cost Gold Mines

TORONTO, March 26, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed its annual information form and 2023 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2023, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR+. These documents are also available at www.alamosgold.com and a hard copy will be provided to shareholders free-of-charge upon request.

TORONTO, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 15 consecutive years during which time $334 million has been returned to shareholders through dividends and share buybacks, including $39 million in 2023.

Solid Fourth Quarter Drives Record Annual Production, Revenue and Operating Cash Flow

Global Mineral Reserves and Resources Increase Across All Categories in Size and Grade Driven by 16% Increase in Combined High-Grade Mineral Reserves and Resources at Island Gold

TORONTO, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from underground exploration drilling at the Island Gold Mine. Underground exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit within the main E1E and C-Zones, as well as several hanging wall and footwall structures in proximity to existing underground infrastructure. These results are expected to contribute to another increase in high-grade Mineral Reserves and Resources at Island Gold to be outlined in the 2023 year-end update to be released later this month.

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2023 financial results after market close on Wednesday, February 21, 2024. Senior management will host a conference call on Thursday, February 22, 2024 at 10:00 am ET to discuss the results.

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) pursuant to which Alamos will acquire all of the issued and outstanding shares of Orford Mining Corporation (TSXV:ORM) (“Orford”) by way of a court-approved plan of arrangement (the “Transaction”). The acquisition will consolidate Alamos’ existing ownership of Orford shares through which the Company will add the highly prospective Qiqavik Gold Project, located in Quebec, Canada. Alamos will also be acquiring interests in several exploration stage critical mineral and gold projects in Quebec, including West Raglan, the Joutel Properties, and Nunavik Lithium.

Production guidance increased for 2024; low-cost growth expected to drive 7% increase in production and 11% decrease in all-in sustaining costs over the next three years supporting strong ongoing free cash flow

TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed with, and received acceptance from the Toronto Stock Exchange (“TSX”) of, a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,485,405 Class A Common Shares (“Common Shares”), representing 10% of the Company’s public float of the Common Shares as at December 14, 2023, being 344,854,056 Common Shares. As at December 14, 2023, there were 396,857,869 Common Shares issued and outstanding.

TORONTO, Nov. 22, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $324 million has been returned to shareholders through dividends and share buybacks, including $40 million thus far in 2023.

TORONTO, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) has released its annual Environmental, Social, and Governance (ESG) Report (“ESG Report”), which outlines the Company’s progress on its ESG performance in 2022 across its operations, projects and offices, and provides direction on planned initiatives for 2023.

TORONTO, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from its near mine and regional exploration drilling program at Island Gold. Underground exploration drilling continues to extend high-grade gold mineralization across the Island Gold Deposit within the main E1E and C-Zones, as well as several hanging wall and footwall structures in proximity to existing underground infrastructure. Additionally, the regional exploration program has been successful in intersecting high-grade gold mineralization at two early-stage targets.

Production guidance increased 5% following solid quarter and year-to-date performance; on pace for record year operationally and financially

TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its third quarter 2023 financial results after market close on Wednesday, October 25, 2023. Senior management will host a conference call on Thursday, October 26, 2023 at 10:00 am ET to discuss the results.

TORONTO, Sept. 13, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from ongoing surface exploration drilling within the Mulatos District. Drilling continues to extend high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”). PDA is a higher-grade underground deposit adjacent to the Mulatos pit. Additionally, step-out drilling at the Capulin regional target continues to intersect wide intervals of significant gold mineralization. Capulin is located four kilometres (“km”) east of the Mulatos open pit.

TORONTO, Aug. 31, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $314 million has been returned to shareholders through dividends and share buybacks, including $30 million thus far in 2023.

TORONTO, Aug. 22, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed a technical report for its Lynn Lake project, located in Manitoba, Canada.

TORONTO, Aug. 02, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported results from the updated Feasibility Study (“2023 Study”) conducted on the Lynn Lake project (“Lynn Lake”), located in Manitoba, Canada. The 2023 Study replaces the previous Feasibility Study completed in 2017 (“2017 Study”) and incorporates a 44% larger Mineral Reserve and 14% increase in milling rates to 8,000 tonnes per day (“tpd”) supporting a larger, longer-life, low-cost operation.

TORONTO, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from its ongoing exploration program on the Lynn Lake project in Manitoba, Canada. The results are being released in advance of an updated Feasibility Study on the Lynn Lake project (“2023 Study”) to be issued later this week, which will incorporate the Gordon and MacLellan gold deposits. Several regional exploration targets and drilling completed at Gordon over the past year and a half have not been incorporated into the 2023 Study highlighting the significant exploration upside potential.

Record production and strong margin expansion drive record financial performance including free cash flow of $62 million

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its second quarter 2023 financial results after market close on Wednesday, July 26, 2023. Senior management will host a conference call on Thursday, July 27, 2023 at 10:00 am ET to discuss the results.

TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization across the Island Gold Deposit. This included multiple significant high-grade intercepts within several recently defined hanging wall and footwall structures in proximity to existing underground infrastructure. All reported drill widths are true width of the mineralized zones, unless otherwise stated.

TORONTO, June 05, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $304 million has been returned to shareholders through dividends and share buybacks, including $20 million thus far in 2023.

TORONTO, June 02, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce the release of its inaugural Climate Change Report. This is a significant milestone in Alamos’ sustainability journey and follows a previous statement in mid-2022 announcing Alamos’ target of a 30% reduction in absolute Greenhouse Gas (GHG) emissions by 2030.

TORONTO, May 31, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed a base shelf prospectus dated May 31, 2023 (the “Base Shelf Prospectus”) with the Ontario Securities Commission, relying on the well-known seasoned issuer exemption, and a corresponding shelf registration statement with the United States Securities and Exchange Commission (the “SEC”) on Form F-10 (the “Registration Statement”). The Base Shelf Prospectus qualifies the issuance of up to US$500,000,000 (or the equivalent in other currencies) of Class A common shares, debt securities, warrants and subscription receipts (collectively, the “Securities”) of the Company, or any combination thereof, in all of the provinces and territories of Canada, and the Registration Statement registers the Securities for offers and sales in the United States using the multijurisdictional disclosure system. The Base Shelf Prospectus is effective for a period of 25 months. The Registration Statement, once it is declared effective by the SEC, will be effective for the remaining duration of the Base Shelf Prospectus.

TORONTO, May 26, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported a summary of the voting results of its Annual General Meeting of Shareholders (the “Meeting”). The Company is also announcing the retirement of Kenneth Stowe from the Board of Directors, and the appointment of Shaun Usmar.

TORONTO, May 24, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported the completion of the previously announced acquisition (the “Transaction”) of all the issued and outstanding common shares of Manitou Gold Inc. (TSXV:MTU) (“Manitou”). A Final Order was granted by the Ontario Superior Court of Justice on May 19, 2023 approving the Plan of Arrangement pursuant to which the Transaction was implemented.

TORONTO, May 15, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from ongoing surface exploration drilling within the Mulatos District. This included further extending high-grade gold mineralization outside of Mineral Reserves and Resources at Puerto Del Aire (“PDA”), a higher-grade underground deposit adjacent to the Mulatos pit. Additionally, gold mineralization was intersected over a wide interval at the Capulin target, located two-kilometres east of the former San Carlos open pit.

Strong operational performance drives record quarterly revenues and growing cash flow from operations

TORONTO, March 30, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its first quarter 2023 financial results after market close on Wednesday, April 26, 2023. Senior management will host a conference call on Thursday, April 27, 2023 at 11:00 am ET to discuss the results. The Company will hold its 2023 Annual Meeting of Shareholders (the “Annual Meeting”) on Thursday, May 25, 2023.

TORONTO, March 28, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed its annual information form and 2022 annual report on Form 40-F, including its audited financial statements for the year ended December 31, 2022, with the SEC on EDGAR as well as the Canadian securities authorities on SEDAR. These documents are also available at www.alamosgold.com and a hard copy will be provided to shareholders free-of-charge upon request.

TORONTO, March 27, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed a technical report for its Mulatos Property, located in Sonora, Mexico. The report was prepared in accordance with National Instrument 43-101 – Standards for Disclosure for Mineral Projects and is available under the Company’s profile on SEDAR at www.sedar.com and on the Alamos website at www.alamosgold.com.

TORONTO, March 13, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that Greg Fisher, Senior Vice President of Finance has been promoted to Chief Financial Officer effective May 1, 2023. Greg will succeed Jamie Porter who will be leaving Alamos to pursue another opportunity in the mining industry. Jamie will continue in his current capacity and help support the transition until April 28, 2023.

TORONTO, March 06, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the federal Environmental Impact Assessment (“EIS”) for the Lynn Lake Gold Project (“Lynn Lake”) has been completed and a positive Decision Statement has been issued by the Minister of Environment and Climate Change Canada. As well, in accordance with the Environment Act, the Province of Manitoba has issued Environment Act Licenses for the MacLellan and Gordon sites.

TORONTO, March 02, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.025 per common share. The Company has paid dividends for 14 consecutive years during which time $294 million has been returned to shareholders through dividends and share buybacks, including $47 million in 2022.

TORONTO, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that it has entered into a definitive agreement (the “Agreement”) pursuant to which Alamos will acquire all of the issued and outstanding shares of Manitou Gold Inc. (TSX:MTU) (“Manitou”) by way of a court-approved plan of arrangement (the “Transaction”). The acquisition will consolidate Alamos’ existing ownership of Manitou shares and increase its regional land package around Island Gold with the addition of the Goudreau Property. This includes 40,000 hectares (“ha”) adjacent to and along strike from the Island Gold Mine, adding significant exploration potential across the relatively underexplored Michipicoten Greenstone Belt (see Figure 1). This is expected to increase Alamos’ land package around the Island Gold Deposit to 55,277 ha, a 267% increase.

TORONTO, Feb. 22, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter and year ended December 31, 2022.

Global Mineral Reserves Grow for the Fourth Consecutive Year with Grades Increasing 3% Driven by Higher-Grade Additions at Island Gold and Mulatos

TORONTO, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that founder, President and Chief Executive Officer John A. McCluskey will join members of the leadership team and Board of Directors in ringing the opening bell on the New York Stock Exchange on February 8, 2023. Alamos is celebrating its 20th anniversary as a Company and 10th year listed on the New York Stock Exchange.

TORONTO, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from ongoing surface exploration drilling at Puerto Del Aire (“PDA”), further extending high-grade gold mineralization outside of Mineral Reserves and Resources. PDA is a higher-grade underground deposit, adjacent to the main Mulatos pit, and is comprised of five zones including PDA1, PDA2, Gap, Victor and Estrella. All reported composite widths are estimated true width of the mineralized zones.

TORONTO, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) plans to release its fourth quarter and year-end 2022 financial results after market close on Wednesday, February 22, 2023. Senior management will host a conference call on Thursday, February 23, 2023 at 11:00 am ET to discuss the results.

Strong outlook with multi-year production guidance increased, capital guidance maintained, and all-in sustaining costs expected to decrease 18% over the next three years driving strong margin expansion

TORONTO, Dec. 22, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has entered into an agreement to sell a portfolio of non-core royalties to Metalla Royalty & Streaming Ltd. (“Metalla”) (TSXV:MTA; NYSE American:MTA) for proceeds of USD$5.0 million in Metalla common shares.

TORONTO, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed with and received acceptance from the Toronto Stock Exchange (“TSX”), for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,670,378 Class A Common Shares (“Common Shares”), representing 10% of the Company’s public float of the Common Shares as of December 14, 2022, being 346,703,788 Common Shares. As at December 14, 2022, there were 393,458,451 Common Shares issued and outstanding.

TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) deeply regrets to announce the death of an employee following an accident underground at the Young-Davidson mine this afternoon.

TORONTO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported new results from surface and underground exploration drilling at the Island Gold mine, further extending high-grade gold mineralization in Island West, Island East, and at depth. All reported drill widths are true width of the mineralized zones, unless otherwise stated.