Alamos Gold to buy Argonaut Gold in all-share deal valued at $325 million

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“This represents a 34% premium based on Argonaut’s and Alamos’ closing prices on March 26, 2024, on the Toronto Stock Exchange , and a 41% premium based on both companies’ 20-day volume-weighted average prices,” Alamos said in a statement. Richard Young, President and CEO of Argonaut Gold, said the deal provides solid benefits for his company’s investors.

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