(All amounts are in U.S. dollars unless otherwise indicated)
TORONTO, Sept. 17, 2013 /CNW/ -
AuRico Gold Inc.
(TSX: AUQ) (NYSE: AUQ), ("AuRico" or the "Company") today
announced that its Board of Directors has declared the
Company's dividend payment of $0.04 per share for the third
quarter ending September 30, 2013, payable on October 29, 2013
to shareholders of record at the close of business on October
11, 2013.
AuRico Dividend Policy
As previously announced on February 21, 2013, AuRico's Board of
Directors approved a dividend policy as described below:
In 2013, the Company intends to pay an annual dividend of
$0.16 per common share (payable quarterly); and
In subsequent years, the quarterly dividend will be linked to
operating cash flow(1) ("OCF"), whereby the Company intends to
pay out 20% of the OCF generated in the preceding quarter
divided by the Company's outstanding common shares at the time
the dividend is approved.
(1) As reported in the Company's financial statements.
Dividend Reinvestment Plan
As previously announced on June 11, 2013, AuRico's Board of
Directors approved the introduction of a dividend reinvestment
plan.
Eligible shareholders may elect to participate in the dividend
reinvestment plan.
Participation in the dividend reinvestment plan is optional.
For further information on the Company's dividend reinvestment
plan please visit
http://www.auricogold.com/DRIP
About AuRico Gold
AuRico Gold is a leading Canadian gold producer with mines and
projects in North America that have significant production
growth and exploration potential.
The Company is focused on its core operations including the
Young-Davidson gold mine in northern Ontario, and
the El Chanate mine in Sonora State, Mexico.
AuRico's project pipeline also includes advanced development
opportunities in Mexico and Canada.
AuRico's head office is located in Toronto, Ontario, Canada.
Cautionary Statement
This press release contains forward-looking statements and
forward-looking information ---- The Company disclaims any
intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future
events or otherwise, except as required by applicable law.
SOURCE AuRico Gold Inc.
For further information please visit the AuRico Gold website at
http://www.auricogold.com
or contact:
Scott Perry
President & Chief Executive Officer
AuRico Gold Inc.
1-647-260-8880
Anne Day
Vice President, Investor Relations & Communications
AuRico Gold Inc.
1-647-260-8880
http://web.tmxmoney.com/article.php?newsid=62715786&qm_symbol=AUQ
http://www.auricogold.com/investor-information/press-releases/press-release-details/2013/AuRico-Gold-Declares-Quarterly-Dividend-9172013/default.aspx
Denver Gold Forum 2013
September 23, 2013
Time: 09:40 AM
Speaker(s): Scott Perry, President & Chief Executive Officer
Denver, Colorado
View the live Webcast
http://www.auricogold.com/investor-information/Events/Event-Details/2013/Denver-Gold-Forum-2013/default.aspx
http://www.auricogold.com/investor-information/presentations/corporate-presentations/default.aspx
----
Memo Note.
Rothschild banksters cult GREED HAVE DONE SOME BAD THINGS.....
the GOLD price will explode -
http://www.rightsidenews.com/2013081633059/us/economics/record-high-demand-for-physical-gold-threatens-to-break-the-back-of-the-paper-gold-market.html
Major Shortage Of Physical Gold” Has Fed Greatly Concerned
Tuesday, September 17, 2013 17:59
http://beforeitsnews.com/gold-and-precious-metals/2013/09/major-shortage-of-physical-gold-has-fed-greatly-concerned-2524892.html
http://www.auricogold.com/investor-information/Events/Event-Details/2013/Denver-Gold-Forum-2013/default.aspx
Note;
fiat currency created by gypsy king pin Rothschild
banksters cult -
as a slave 666 fiat$$$$$$$currency with only air and paper backing it -
beware soon NO ONE want the paper fiat -
http://www.biblebelievers.org.au/monie.htm
Aurico Gold Inc. AUQ Investment Safety -
http://www.auricogold.com/
God Bless
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