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January 24, 2013
08:44 EDTAUQAuRico Gold announces $300M substantial issuer bid
AuRico Gold announced the preliminary results of its "modified Dutch auction" substantial issuer bid to purchase for cancellation up to $300M of its outstanding common shares.
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November 11, 2014
08:32 EDTAUQAuRico Gold to subscribe 70.6M shares of Carlisle Goldfields for CA$5.6M
AuRico Gold announced that it has entered into an agreement to subscribe for 70,600,000 common shares of Carlisle Goldfields at a price of CA8c/share, for total consideration of approximately CA$5.6M, subject to certain conditions including approval of the Toronto Stock Exchange. On closing of the Private Placement, AuRico will hold own 70,600,000 common shares of Carlisle, representing approximately 19.9% of the issued and outstanding common shares of Carlisle on a non-diluted basis. In conjunction with the Private Placement, AuRico has entered into a joint venture agreement with respect to Carlisle's Lynn Lake Gold Camp, located in Lynn Lake, Manitoba, pursuant to which AuRico will acquire a 25% interest in the Project for an initial cash contribution of CA$5M with the option to earn up to an additional 35% interest by funding CA$20M on the Project over a three-year period and delivering a feasibility study within that time period. Lynn Lake is a highly prospective past-producing gold camp consisting of five near surface deposits with significant existing infrastructure in place.
November 10, 2014
10:04 EDTAUQOn The Fly: Analyst Upgrade Summary
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07:57 EDTAUQAuRico Gold upgraded to Buy at Canaccord
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06:41 EDTAUQAuRico Gold upgraded to Buy from Hold at Canaccord
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