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News Breaks | | | | March 18, 2013 | | 07:15 EDT |  | AZK, AGI | Aurizon Mines reiterates rejection of the financially inadequate Alamos offer
Aurizon Mines (AZK) reiterated its recommendation that Aurizon shareholders reject the financially inadequate offer by Alamos Gold (AGI) and not tender their shares to it. Aurizon also noted two facts which suggest that the support for the Alamos offer has significantly declined: Counsel for Alamos disclosed in a hearing before the British Columbia Securities Commission, or BCSC, on March 15 that only 6.5% of Aurizon's shares were tendered to its offer as of that date. This represents tendered support declining by half since the announcement of the Hecla offer, given that on March 12, Alamos had suggested that 13% of shares had been tendered as of noon on March 5. In the hearing before the BCSC on March 15, nobody having direct control or direction over Aurizon shares provided an affidavit of support to Alamos. The only supporting affidavit that Alamos was able to present was from a former Aurizon shareholder that had sold its Aurizon shares to Alamos in January. | |
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News For AZK;AGI From The Last 14 Days Check below for free stories on AZK;AGI the last two weeks. |
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| May 15, 2013 | | 07:04 EDT |  | AZK | Aurizon Mines reports Q1 EPS (2c), consensus 0c
 Subscribe for More Information | | | May 10, 2013 | | 08:27 EDT | | AZK | Hecla Mining says Aurizon Mines shareholders voted in favor acquisition
On May 9, Aurizon Mines (AZK) shareholders voted in favor of the Hecla (HL) acquisition, the company announced. Hecla said it expects to complete the acquisition of Aurizon during the second quarter upon receipt of Investment Canada regulatory approval. Aurizon's core asset is the Casa Berardi gold mine in Quebec, Canada, with 2013 gold production estimated by Aurizon of 125,000-130,000 ounces. Also, subsequent to the first quarter, Hecla completed a $500M offering of 6.875% Senior Notes due 2021, which will partially fund the acquisition, it said. | | | May 9, 2013 | | 17:42 EDT | | AZK | Aurizon Mines securityholders approve plan of arrangements
Subscribe for More Information | | | May 8, 2013 | | 08:36 EDT | | AZK | Aurizon Mines announces preliminary results of Hecla arrangement elections
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