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ALLIED GOLD ANNOUNCES OVERNIGHT MARKETED OFFERING
ALLIED GOLD ANNOUNCES OVERNIGHT MARKETED OFFERING Canada NewsWire /NOT FOR ‎...
About this update from Allied Gold Corporation
[{"type":"text","content":"\n\n\nALLIED GOLD ANNOUNCES OVERNIGHT MARKETED OFFERING\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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\nCanada NewsWire\n\n\n/NOT FOR ‎DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR THE ‎DISSEMINATION, DISTRIBUTION, ‎RELEASE OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES./\nTORONTO, Oct. 15, 2025 /CNW/ - Allied Gold Corporation (TSX: AAUC) (NYSE: AAUC) (\"Allied\" or the \"Company\") announces an overnight marketed offering (the \"Offering\") of common shares of the Company (the \"Shares\") to be offered by way of a short form prospectus supplement to be filed in all of the provinces of Canada pursuant to the Company's base shelf prospectus dated October 1, 2024 (the \"Base Shelf Prospectus\").\nThe Offering is expected to be completed pursuant to an underwriting agreement (the \"Underwriting Agreement\") to be entered into between the Company and Stifel Nicolaus Canada Inc., Canaccord Genuity Corp. and National Bank Financial Inc. as joint bookrunners together with a syndicate of underwriters (collectively, together with the joint bookrunners, the \"Underwriters\"). The size and pricing of the Offering will be determined in the context of the market. The Company will grant the Underwriters an over-allotment option (the \"Over-Allotment Option\") exercisable, in whole or in part, at the sole discretion of the Underwriters, to purchase up to an additional 15% of the number of Shares sold in the Offering for up to 30 days from and including the closing date of the Offering, on the same terms and conditions as the Offering for market stabilization purposes and to cover any over-allotments.\nThe Company intends to use the net proceeds of the Offering to i) fund its optimization and growth initiatives particularly to accelerate development of infrastructure for the next phase of expansion at Sadiola which includes improvements in processing capacity and acceleration of the implementation of certain components of the recently announced energy program, ii) modify the plant under development a...