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Alamos Gold's Acquisition of Richmont Mines Receives Final Court Approval
Alamos Gold's Acquisition of Richmont Mines Receives Final Court Approval Canada N...
About this update from Alamos Gold Inc.
[{"type":"text","content":"\n\n\n\nAlamos Gold's Acquisition of Richmont Mines Receives Final Court Approval\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Nov. 21, 2017\n\n\n\nTORONTO, Nov. 21, 2017 /CNW Telbec/ - Alamos Gold Inc. (\"Alamos\") (TSX: AGI) (NYSE: AGI) and Richmont Mines Inc. (\"Richmont\") (TSX: RIC) (NYSE: RIC) are pleased to announce that they have been granted final court approval from the Quebec Superior Court (Commercial Division) of the plan of arrangement (the \"Transaction\") whereby Alamos will acquire all of the issued and outstanding shares of Richmont. \n\nThe Transaction is expected to close on November 23, 2017, subject to applicable regulatory approvals and the satisfaction of other customary conditions.\n\nAbout Alamos Gold Inc.\n\nAlamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America. This includes the Young-Davidson mine in northern Ontario, Canada and the Mulatos and El Chanate mines in Sonora State, Mexico. Additionally, the Company has a significant portfolio of development stage projects in Canada, Mexico, Turkey, and the United States. Alamos employs more than 1,300 people and is committed to the highest standards of sustainable development. The Company's shares are traded on the TSX and NYSE under the symbol \"AGI\".\n\nAbout Richmont Mines Inc.\n\nRichmont Mines currently produces gold from the Island Gold Mine in Ontario and is also advancing development of the significant high-grade resource extension to the east and at depth. With more than 35 years of experience in gold production, exploration and development, and prudent financial management, the Corporation has successfully positioned the Island Gold Mine to cost-effectively build its Canadian reserve base and to enter its next phase of growth. The Corporation's shares are traded on the TSX and NYSE under the symbol \"RIC\".\n\nCautionary Note – Forward Looking Statements\n\nThis News Release contains \"forward-looking statements\". All statements other than statements of historical fact in...