Business
Alacer Gold Announces 2019 Year-End Operating and Financial Results with Earnings Per Share of $0.39
Alacer Gold Announces 2019 Year-End Operating and Financial Results with Earnings Per Shar...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n\nAlacer Gold Announces 2019 Year-End Operating and Financial Results with Earnings Per Share of $0.39\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.prngen1{\nBORDER-TOP:0pt; BORDER-RIGHT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt; BORDER-LEFT:0pt\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Feb. 4, 2020\n\n\n\nTORONTO, Feb. 4, 2020 /CNW/ - Alacer Gold Corp. (\"Alacer\" or the \"Company\") [TSX: ASR and ASX: AQG] has announced today that it has filed its operating and financial results and related management's discussion and analysis (\"MD&A\") for the full-year ended December 31, 2019. The corresponding financial statements and MD&A are available on www.AlacerGold.com, www.SEDAR.com and www.asx.com.au. All currencies referenced herein are denominated in USD unless otherwise stated.\n\n \n \n\n \nRod Antal, Alacer's President and Chief Executive Officer, stated, \"2019 was an exceptional year for Alacer, resulting in the generation of over $215 million of unlevered free cash flow. With our operating foundation as an intermediate producer firmly set, our focus in 2020 is to continue to prioritize free cash flow generation while prudently investing in growth from the Çöpler District. We will publish a refreshed Çöpler Technical Report later this year that will provide an update of our current operations including optimization opportunities as well as capture, as far as possible, the Çöpler District growth potential. We believe we have an asset base capable of sustaining production of 300,000 to 400,000 ounces of gold per year and delivering incremental asset value to our shareholders.\"\nHighlights\nOperational\nThe Çöpler Gold Mine, including construction of ...