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blackcat

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Wednesday, 01/25/2017 9:01:17 PM

Wednesday, January 25, 2017 9:01:17 PM

Post# of 1571


Alamos Gold (NYSE:AGI) -4.3% AH after announcing a bought deal financing of 31.45M common shares at $7.95/share for ~$250M in proceeds, with an underwriters option to purchase up to an additional ~4.7M shares.

AGI says it plans to use the proceeds to help repay all of its outstanding US$315M senior secured 7.75% high yield notes maturing 2020.

AGI says it will be debt-free upon completion of the offering, with ~US$200M in cash and US$350M in available liquidity.

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Volume:
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Bid:
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Last Trade Time:
Total Trades:
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  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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