- Alamos Gold (AGI) has received acceptance from the TSX permitting Alamos to purchase for cancellation up to 29,994,398 Class A common shares
- Alamos may purchase a maximum of 158,037 common shares per day between December 24, 2021 and December 23, 2022
- Under its previous NCIB ending on December 23, 2021, Alamos purchased and cancelled 1,436,562 shares
- Alamos is a Canadian-based intermediate gold producer
- Alamos Gold Inc. (AGI) opened trading at C$9.31 per share
Alamos Gold (AGI) has received acceptance from the TSX permitting Alamos to purchase for cancellation up to 29,994,398 Class A common shares.
As of December 15, 2021, there were 391,962,704 common shares issued and outstanding.
Under the NCIB, Alamos may purchase shares over the next twelve-month period between December 24, 2021, and December 23, 2022. Any purchases made under the Normal Course Issuer Bid will be effected through the facilities of the TSX.
Alamos may purchase a maximum of 158,037 common shares per day.
The price for any repurchased shares will be the prevailing market price at the time of the purchase. All shares purchased by Alamos will be cancelled.
Under its previous Normal Course Issuer Bid which will terminate on December 23, 2021, Alamos purchased and cancelled 1,436,562 shares through open market purchases at a weighted average price paid per share of C$9.34.
Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North America.
Alamos Gold Inc. (AGI) opened trading at C$9.31 per share.
