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AuRico Gold Inc Announces Completion Of $300 Million Substantial Issuer Bid

Tuesday, 29 Jan 2013 04:31pm EST 

AuRico Gold Inc announced that it has taken up and paid for 36,144,578 common shares at a price of $8.30 per Share under the Company's modified Dutch auction substantial issuer bid to purchase for cancellation up to $300,000,000 of its Shares. The Shares purchased represent approximately 12.8% of the Shares outstanding on an undiluted basis as of January 23, 2013 (the expiry date of the Offer). After giving effect to the purchase, as of that date, AuRico had 246,395,391 Shares issued and outstanding on an undiluted basis. RBC Dominion Securities Inc. and, RBC Capital Markets, LLC acted as dealer managers in connection with the Offer in Canada and the United States, respectively, and as financial advisor to AuRico. 

Company Quote

30 Oct 2014