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Alamos Gold Inc Acquires Common Shares of Aurizon Mines Inc


Monday, 14 Jan 2013 06:00am EST 

Alamos Gold Inc announced that in the aggregate, 23,507,283 Aurizon Mines Inc Shares pursuant to share purchase agreements, entered into between Alamos and certain shareholders of Aurizon (the Vendors). Pursuant to the Agreements, Alamos acquired the Aurizon Shares for consideration of CAD4.65 per Aurizon Share, satisfied by the delivery of 6,584,380 common shares of Alamos at an exchange ratio of 0.2801 of an Alamos Share for each Aurizon Share. The 23,507,283 Aurizon Shares acquired represent approximately 14.3% of the issued and outstanding Aurizon Shares. Alamos announced that it had commenced a formal offer to acquire all of the issued and outstanding Aurizon Shares in a take-over bid circular dated January 14, 2013, other than those Aurizon Shares already owned by Alamos and its affiliates. The Aurizon Shares acquired in connection with the Transactions were acquired in furtherance of the Offer. 

Company Quote

13.43
-0.26 -1.90%
18 Jun 2013