Finance > M-a

Corex Gold and Minera Alamos to merge

Mexican-focused Corex Gold (CN:CGE) and Minera Alamos (CN:MAI) have announced a merger to create a multi-asset, gold development company that will effectively reunite the Castle Gold team behind the El Castillo mine development.

Staff reporter

Finance > M-a

Corex Gold and Minera Alamos to merge

Mexican-focused Corex Gold (CN:CGE) and Minera Alamos (CN:MAI) have announced a merger to create a multi-asset, gold development company that will effectively reunite the Castle Gold team behind the El Castillo mine development.

Staff reporter

Corex Gold and Minera Alamos to merge

Aiming to create leading junior gold producer

The pair said the combined company would have about C$6 million (US$4.9 million) in cash, an estimated market capitalisation of C$50 million (US$40.6 million) and three gold-silver development assets with near-term production potential in Mexico.