NORTH AMERICA STORIES

Alamos absorbs lightened Richmont

Gold producer Alamos Gold (CN:AGI) has agreed to acquire 100% of Richmont Mines (CN:RIC) for US$770 million to build on its position as an intermediate gold producer.

Alamos is effectively acquiring Richmont's Island gold mine in Ontario with the purchase

Alamos is effectively acquiring Richmont's Island gold mine in Ontario with the purchase

Alamos will buy all issued and outstanding Richmont shares for C$14.20 (US$11.67), a 22% premium to Richmont’s closing price before the deal was announced. After the transaction is completed, existing...

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