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Stock Market & Financial Investment News

News Breaks
May 28, 2014
06:01 EDTAGIAlamos Gold acquires surface rights at Cerro Pelon, La Yaqui
Alamos Gold reported that it has reached an agreement to acquire the surface rights for the Cerro Pelon and La Yaqui satellite deposits at its Mulatos mine allowing for the start of permitting and development activities. Closing of the agreement is subject to completion of due diligence and other customary closing conditions and is scheduled for the end of June.
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July 6, 2015
07:38 EDTAGIAlamos Gold price target raised to $7.50 from $4.25 at RBC Capital
RBC Capital increased its price target on Alamos after the company merged with AuRico. The firm expects investors' confidence in the company to increase as its projects progress, but warns that, in order to generate strong growth, the company must successfully obtain permits to develop several projects in its pipeline. RBC keeps an Outperform rating on the shares.
June 26, 2015
16:16 EDTAGIAuRico Gold, Alamos Gold receive final court approval for merger
Alamos Gold (AGI) and AuRico Gold (AUQ) are pleased to announce that they have been granted final court approval from the Ontario Superior Court of Justice to combine the two companies by way of a plan of arrangement. The Arrangement is expected to close July 2, subject to applicable regulatory approvals and the satisfaction of other customary conditions.
June 24, 2015
15:47 EDTAGIAuRico Gold, Alamos Gold merger receives overwhelming shareholder approval
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