| Alamos Gold Declares Semi-Annual Dividend | |
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TORONTO, ONTARIO--(Marketwired - Oct. 15, 2015) -
All amounts are in United States dollars, unless otherwise stated.
Alamos Gold Inc.
(TSX:AGI)(NYSE:AGI) ('Alamos' or the 'Company') today announced that the Company's Board of Directors has declared a semi-annual dividend of US$0.01 per common share. This represents the Company's 12th consecutive semi-annual dividend and once again demonstrates its commitment to returning value to shareholders.
The current dividend represents a decrease from the previous semi-annual dividend of US$0.03 per share reflecting both the weak gold price environment and our focus on reinvesting capital into growing production and reducing costs at both our Young-Davidson and Mulatos mines. This includes completing the ramp up of underground mining at Young-Davidson and developing the higher grade satellite deposits at Mulatos, both of which we expect will drive strong free cash flow growth in the coming years.
The dividend is payable on November 16, 2015 to shareholders of record as of the close of business on October 30, 2015. This dividend qualifies as an 'eligible dividend' for Canadian income tax purposes.
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 Mexico, Turkey, Canada 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'.
Cautionary Note
The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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Alamos Gold
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EN DÉVELOPPEMENT |
CODE : AGI.TO |
ISIN : CA0115271086 |
CUSIP : 011527108 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Alamos Gold est une société développant des projet miniers d'or basée au Canada. Alamos Gold est en développement de projets d'or et d'argent au Mexique et au Perou, et détient divers projets d'exploration au Perou et en Turquie. Ses principaux projets en développement sont CERRO JUMIL au Mexique et SAN LUIS PROJECT au Perou et ses principaux projets en exploration sont GAP, EL JASPE, BIRICU, LA PROVIDENCIA PROSPECT, MERCURY MINES, PUERTO DEL AIRE, ESCONDIDA MIL, LOS BAJIOS, EL REALITO, MULATOS, LA YAQUI et CERRO PELON au Mexique, UTCUCOCHA, ABRA ROJO, COLQUI ORCCO et PUCARANA au Perou et KIRAZLI, AGI DAGI et CAMYURT en Turquie. Alamos Gold est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 5,4 milliards CA$ (3,9 milliards US$, 3,7 milliards €). La valeur de son action a atteint son plus bas niveau récent le 14 mai 2004 à 1,50 CA$, et son plus haut niveau récent le 22 avril 2024 à 20,23 CA$. Alamos Gold possède 266 320 000 actions en circulation. |