{"id":8154,"date":"2017-11-22T09:23:24","date_gmt":"2017-11-22T14:23:24","guid":{"rendered":"https:\/\/wawa-news.com\/?p=8154"},"modified":"2019-05-29T06:49:20","modified_gmt":"2019-05-29T10:49:20","slug":"alamos-golds-acquisition-of-richmont-mines-receives-final-court-approval","status":"publish","type":"post","link":"https:\/\/wawa-news.com\/index.php\/2017\/11\/22\/alamos-golds-acquisition-of-richmont-mines-receives-final-court-approval\/","title":{"rendered":"Alamos Gold&#8217;s Acquisition of Richmont Mines Receives Final Court Approval"},"content":{"rendered":"<p><b>Nov 22, 2017 @ 09:23<\/b><\/p>\n<div class=\"clear\"><\/div><div class=\"divider\"><\/div>\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p>Alamos Gold Inc. and Richmont Mines Inc.\u00a0are pleased to announce that they have been granted final court approval from the Quebec Superior Court (Commercial Division) of the plan of arrangement whereby <span class=\"xn-location\">Alamos<\/span> will acquire all of the issued and outstanding shares of Richmont.<\/p>\n<p>The Transaction is expected to close on <span class=\"xn-chron\">November 23, 2017<\/span>, subject to applicable regulatory approvals and the satisfaction of other customary conditions.<\/p>\n<\/div>\n<\/div>\n<div class=\"row\"><\/div>\n<div class=\"row\">\n<div class=\"col-sm-10 col-sm-offset-1\">\n<p><b><u>About Alamos Gold Inc.<\/u><\/b><\/p>\n<p><span class=\"xn-location\">Alamos<\/span> is a Canadian-based intermediate gold producer with diversified production from three operating mines in <span class=\"xn-location\">North America<\/span>. This includes the <span class=\"xn-location\">Young<\/span>&#8211;<span class=\"xn-location\">Davidson<\/span> mine in northern <span class=\"xn-location\">Ontario, Canada<\/span> and the Mulatos and El Chanate mines in Sonora State, <span class=\"xn-location\">Mexico<\/span>. Additionally, the Company has a significant portfolio of development stage projects in <span class=\"xn-location\">Canada<\/span>, <span class=\"xn-location\">Mexico<\/span>, <span class=\"xn-location\">Turkey<\/span>, and <span class=\"xn-location\">the United States<\/span>. <span class=\"xn-location\">Alamos<\/span> employs more than 1,300 people and is committed to the highest standards of sustainable development. The Company&#8217;s shares are traded on the TSX and NYSE under the symbol &#8220;AGI&#8221;.<\/p>\n<p><b><u>About Richmont Mines Inc.<\/u><\/b><\/p>\n<p>Richmont Mines currently produces gold from the Island Gold Mine in <span class=\"xn-location\">Ontario<\/span> and is also advancing the 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&#8217;s shares are traded on the TSX and NYSE under the symbol &#8220;RIC&#8221;.<\/p>\n<\/div>\n<\/div>\n<div class=\"grammarly-disable-indicator\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nov 22, 2017 @ 09:23 Alamos Gold Inc. and Richmont Mines Inc.\u00a0are pleased to announce that they have been granted final court approval from the Quebec Superior Court (Commercial Division) of the plan of arrangement whereby Alamos will acquire all of the issued and outstanding shares of Richmont. The Transaction is expected to close on &#8230;<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47],"tags":[1009,506],"class_list":["post-8154","post","type-post","status-publish","format-standard","hentry","category-business","tag-alamos-gold","tag-richmont"],"publishpress_future_action":{"enabled":false,"date":"2026-05-01 15:11:00","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/8154","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=8154"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/8154\/revisions"}],"predecessor-version":[{"id":8155,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/8154\/revisions\/8155"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=8154"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=8154"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=8154"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}