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Alamos Gold Lists Record Quarterly, Annual Production -
Allen Sykora Allen Sykora
Thursday January 11, 201
http://www.kitco.com/news/2018-01-11/Alamos-Gold-Lists-Record-Quarterly-Annual-Production.html
God Bless
ALAMOS GOLD ANNOUNCES INCREASE IN CREDIT FACILITY TO US$400 MILLION
09/21/2017
Download this Press Release (PDF 194 KB)
TORONTO, ONTARIO--(Marketwired - Sept. 21, 2017)
All amounts are in United States dollars, unless otherwise stated.
Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) ("Alamos" or the "Company") is
pleased to announce that it has secured amendments to its existing
undrawn revolving credit facility (the "Facility") including an
increase in the size of the Facility from US$150 million to US$400
million on more favourable terms.
Under the amended Facility, the Company will benefit from improved
pricing at its current leverage ratio including undrawn fees of 0.45%
and drawn fees of LIBOR plus 2.00%.
This compares to undrawn fees of 0.48% and drawn fees of LIBOR plus
2.125% under the previous credit facility.
The Facility remains undrawn and the Company debt free with cash and
equity securities of approximately US$150 million as of June 30, 2017.
The maturity date of the Facility has been extended to September 20,
2021.
"The amended facility adds significant liquidity on very attractive
terms.
Combined with existing cash and expected cash from the recently
announced acquisition of Richmont Mines, Alamos will be debt free with
more than US$600 million of available liquidity.
This greatly improves our financial flexibility as we fund development
of our portfolio of growth projects," said John A. McCluskey, President
and Chief Executive Officer.
The amended Facility was joint-led by the Bank of Nova Scotia, BMO
Capital Markets, and TD Securities. Additionally, the syndicate
includes the Canadian Imperial Bank of Commerce, National Bank of
Canada, HSBC Bank Canada, ING Capital LLC, and Export Development Canada.
The effectiveness of the Facility is subject to satisfying certain
customary closing conditions which have been delayed due to the
earthquake in Mexico and are expected to be completed in the coming
days.
About Alamos
Alamos is a Canadian-based intermediate gold producer with diversified
production from three operating mines in North America.
This includes the Young-Davidson mine in northern Ontario, Canada and
the Mulatos and El Chanate mines in Sonora State, Mexico.
Additionally, the Company has a significant portfolio of development
stage projects in Canada, Mexico, Turkey, and the United States.
Alamos employs more than 1,300 people and is committed to the highest
standards of sustainable development.
The Company's shares are traded on the TSX and NYSE under the symbol
"AGI".
Contact Information:
Alamos Gold Inc.
Scott K. Parsons
Vice President, Investor Relations
(416) 368-9932 x 5439
http://www.alamosgold.com
http://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2017/Alamos-Gold-Announces-Increase-in-Credit-Facility-to-US400-Million/default.aspx
Alamos Gold annonce une acquisition amicale de Mines Richmont -
http://ih.advfn.com/p.php?pid=nmona&article=75632471
http://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2017/Alamos-Gold-Announces-Friendly-Acquisition-of-Richmont-Mines/default.aspx
GOLD & SILVER UPDATES: Weird Things Are Happening With Gold! -
JAMES RICKARDS Revealed -
For sure, good call
Big winner here and still more to come
Looking to start reloading tomorrow
loadem up!
a red eye...lol
I feel the same way
wish we had a divy
o yeah, shell get rollin!
good day for it
start new position today!
ric] being a good boy today!
Well this's been a 7-bagger, eh ?.....*See post which this one is replying to (went from 2 to 15 bucks - All of which I missed out on - refuse to chase)
FRESH UPDATE :
Checking in on this old favorite - Richmont :
Not an old favorite but perhaps still a weather-vane : Kinross Gold Corp.:
How's about Barrick (for sure still a Bellweather) :
My confidence is increasing !
*It's at "The Old Barrick $20 Bucksters" Level" !.....
Confidence taking a hit here however....
Seem to recall expecting a 1200 gold price
(haven't even called up a gold price chart yet)
In fact, have hardly done ANY research....Ha
Oops, 13.50 hhahaha
out today, unloading my profits to get ready for the T*AC run
@ 13 fifty , might take some off the table.
Trending: Richmont Mines Inc. Cash from Operations Is Exploding Higher
Date Published: 2016-07-27
PREFACE
Richmont Mines Inc. (AMEX:RIC) cash from operations over a trailing-twelve-month period is trending higher which means it is increasing for at least four consecutive quarters. In the cash from operations time series chart below, we can see the data.
The bars plot the exploding up trending cash from operations for Richmont Mines Inc. while the the orange line traces RIC revenue. Feel free to hover over the chart to see the actual values for Richmont Mines Inc..
http://news.cmlviz.com/2016/07/27/trending-richmont-mines-inc-cash-from-operations-is-exploding-higher.html
Richmont Reports Strong Second Quarter Results from Island Gold; Consolidated Results On-Track for the Upper End of Production Guidance and Lower End of Cash Cost Guidance
http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1047-tsx/ric/22164-richmont-reports-strong-second-quarter-results-from-island-gold-consolidated-results-on-track-for-the-upper-end-of-production-guidance-and-lower-end-of-cash-cost-guidance.html
Richmont Mines Inc. (RIC) Price Target Increased to C$15.50 by Analysts at Canaccord Genuity
http://baseballnewssource.com/markets/richmont-mines-inc-ric-price-target-increased-to-c15-50-by-analysts-at-canaccord-genuity/33639/
Richmont Mines, Inc. (RIC)
July 4, 2016 9:50 pmWriter: Camille AinsworthPosted In: US Broker Ratings
The most recently updated ratings and price targets from brokers issued for Richmont Mines, Inc. (RIC) are included below.
06/09/2016 – Broker: TD Securities Rating: buy New Target: 13 reiteration
06/08/2016 – Broker: Scotiabank Rating: sector perform New Target: 11 reiteration
06/08/2016 – Broker: Pi Financial Rating: buy New Target: 12 reiteration
04/13/2016 – Broker: Paradigm Capital Rating: buy New Target: 10.25 reiteration
04/13/2016 – Broker: Desjardins Rating: buy New Target: 10 reiteration
In RIC heavy at $1.47, then added more just under $3, loving this. Knew it would come at some point during Obama's 2nd term. The overall markets are a house of cards, doomed to crash and people are figuring out that fiat currencies are a con game
I just checked and gold is down $8.00 to $1,342.50.
It looks strong.
Aug 16 Gold futures up 14.60 as we speak, Richmont should hit 10 tomorrow..........
One very nice stock to own for the past months. Hope that it keeps going.
The current $RIC$ forecast by year end is 12.00 for a 200+ % gain from the high 3's, Gold above 1400.00. A power stock, on a power move, follow the money/be the smart money $$$..........
Who's still long from the high 3's in one of my best and favorite power stocks $RIC$ this year?
congrats...but going higher
Finally sold the last of my shares today 6.54 gain/share average !!! Follow me to more profits
Richmont Mines Reports Another Record Quarter at Island Gold with a 147% Increase in Production and a 52% Reduction in Cash Costs
https://finance.yahoo.com/news/richmont-mines-reports-another-record-103000227.html
Wow, winner winner chicken din....
luv the noise. next stop,5.75
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