Thursday, October 26, 2017 1:39:21 PM
http://www.alamosgold.com/investors/Presentations/default.aspx
http://s1.q4cdn.com/556167425/files/doc_presentations/2017/09/Alamos-Corp-Presentation_Sept-22-2017-FINAL-WEB.pdf
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/news-and-media/news-releases/default.aspx
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
http://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2017/Alamos-Gold-Announces-Friendly-Acquisition-of-Richmont-Mines/default.aspx
Sprott Money News Ask the Expert October 2017 - Jim Rickards
https://www.youtube.com/watch?v=yXZpWA880ys
Ex.
Alamos Gold CORPORATE (AGI) LATEST PRESENTATION -
Aug. 2017 -
http://www.alamosgold.com/investors/Presentations/default.aspx
http://www.alamosgold.com/news-and-media/news-releases/news-releases-details/2017/Alamos-Reports-Second-Quarter-2017-Results/default.aspx
WHY INVEST IN ALAMOS - >
http://www.alamosgold.com/investors/why-invest-in-alamos/default.aspx
http://www.alamosgold.com
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=133639217
In GOD We Trust -
http://www.kitconet.com/images/live/au0001wb.gif
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
- God Bless -
Recent AGI News
- GFG Closes Private Placement Financing • GlobeNewswire Inc. • 04/19/2024 09:06:41 PM
- Alamos and Argonaut Close Previously Announced Private Placement • GlobeNewswire Inc. • 04/04/2024 04:30:00 PM
- ORFORD COMPLETES ARRANGEMENT WITH ALAMOS • PR Newswire (Canada) • 04/03/2024 06:45:00 PM
- Alamos Gold Announces Closing of Orford Mining Acquisition • GlobeNewswire Inc. • 04/03/2024 04:05:00 PM
- Alamos Gold Provides Notice of First Quarter 2024 Results and Conference Call, and Annual General and Special Meeting of Shareholders • GlobeNewswire Inc. • 04/03/2024 10:40:00 AM
- ORFORD SHAREHOLDERS APPROVE PLAN OF ARRANGEMENT • PR Newswire (Canada) • 03/27/2024 03:43:00 PM
- Alamos Gold Announces Friendly Acquisition of Argonaut Gold • PR Newswire (Canada) • 03/27/2024 11:32:00 AM
- Alamos Gold Announces Friendly Acquisition of Argonaut Gold • GlobeNewswire Inc. • 03/27/2024 11:30:29 AM
- Alamos Gold Provides Notice of Completion of Annual Filings • GlobeNewswire Inc. • 03/26/2024 07:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 03/06/2024 08:14:21 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/28/2024 03:39:45 PM
- Alamos Gold Declares Quarterly Dividend • GlobeNewswire Inc. • 02/28/2024 11:55:00 AM
- GFG Announces Private Placement Financing of up to C$3.3 Million • GlobeNewswire Inc. • 02/23/2024 11:00:00 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/22/2024 08:11:48 PM
- Alamos Gold Reports Fourth Quarter and Year-End 2023 Results • GlobeNewswire Inc. • 02/21/2024 10:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/21/2024 04:39:06 PM
- Alamos Gold Reports Mineral Reserves and Resources for the Year-Ended 2023 • GlobeNewswire Inc. • 02/20/2024 10:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 02/14/2024 03:44:14 PM
- Alamos Gold Intersects Additional High-Grade Mineralization Near Existing Infrastructure at Island Gold which is Expected to Drive Further Growth in Mineral Reserves and Resources • GlobeNewswire Inc. • 02/13/2024 10:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 02/09/2024 04:32:52 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/17/2024 04:05:42 PM
- Alamos Gold Provides Notice of Fourth Quarter and Year-End 2023 Results and Conference Call • GlobeNewswire Inc. • 01/16/2024 10:00:00 PM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 01/16/2024 03:55:08 PM
- ORFORD ANNOUNCES ACQUISITION BY ALAMOS GOLD AT A SIGNIFICANT PREMIUM • PR Newswire (Canada) • 01/15/2024 12:00:00 PM
- Alamos Gold Announces Acquisition of Orford Mining Including the Qiqavik Gold Project • GlobeNewswire Inc. • 01/15/2024 11:52:32 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM
Avant Technologies Launches Advanced AI Supercomputing Network and Expansive Data Solutions • AVAI • Apr 23, 2024 8:00 AM
BestGrowthStocks.com Issues Comprehensive Analysis of Triller Merger with AGBA Group Holding Limited • AGBA • Apr 22, 2024 1:00 PM
Cannabix Technologies to Present Marijuana Breathalyzer Technology at International Association for Chemical Testing (IACT) Conference in California • BLO • Apr 22, 2024 8:49 AM
Kona Gold Beverages, Inc. Prepares for First Production Run Set to Launch May 17, 2024 • KGKG • Apr 22, 2024 8:30 AM