© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - Alamos Gold, AuRico Gold merging in $1.5 billion deal
Posted 15th April 2015

Alamos Gold, AuRico Gold merging in $1.5 billion deal

Canadian gold mining companies Alamos Gold and AuRico Gold Inc. are merging in a deal valued at approximately $1.5 billion.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

Alamos Gold, AuRico Gold merging in $1.5 billion deal

Alamos Gold, AuRico Gold merging in $1.5 billion deal

View Biography
Alamos

View Biography
Aurico Gold

Merger

Merger

Canadian gold mining companies Alamos Gold and AuRico Gold Inc. are merging in a deal valued at approximately $1.5 billion.

The combined business will have assets including AuRico’s Young-Davidson mine in Canada and Alamos’ Mulatos mine in Sonora, Mexico.

John McCluskey, president and CEO of Alamos Gold, will serve as CEO of the combined business. The board of the combined business will have 10 members, with five directors from each company.

Once the deal is complete, shareholders of both companies will each own about 50 percent of the combined business, which will take the name Alamos Gold Inc. A new company, which will be called AuRico Metals Inc., will house AuRico’s Kemess project.

Alamos shareholders will receive one share in the combined business and $0.0001 in cash for each share they own. AuRico shareholders will receive 0.5046 shares of the combined business for each share they own.

The boards of both companies unanimously approved the merger.

The transaction, which is expected to close in the second quarter, still needs approval from shareholders.

Categories: Finance, M&A, Strategy


You Might Also Like
Read Full PostRead - Eye Icon
The 8 Best Coworking Spaces for Tech Startups
Innovation
24/02/2021The 8 Best Coworking Spaces for Tech Startups

Startup companies in the information technology sector need space to collaborate and innovate. In-person and remote meetings require a specialized office, but new businesses may not be able to invest in a permanent location. These are the best eight coworking

Read Full PostRead - Eye Icon
IPO of De Tiger
Finance
10/02/2015IPO of De Tiger

DT Asia Limited’s Stephen Cannon talks us through De Tiger Holdings’ Initial Public Offering of the NASDAQ-listed acquisition vehicle.

Read Full PostRead - Eye Icon
How to Effectively Scale Your Business With Guest Blogging
News
04/02/2022How to Effectively Scale Your Business With Guest Blogging

Capturing your audience’s attention in this volatile and competitive market isn’t easy. People are constantly bombarded with online content, and to stand out, your content marketing strategy needs to be on point. A blog is a great way to get customers to p

Read Full PostRead - Eye Icon
Troika Media Group and Mission Join Forces
Finance
03/08/2018Troika Media Group and Mission Join Forces

Troika Media Group and Mission Join Forces to Form Troika/Mission Group - TMG

Read Full PostRead - Eye Icon
What Is the Best CRM Platform?
News
28/02/2025What Is the Best CRM Platform?

Customers are at the heart of any company’s mission, but juggling customer interactions across websites, live chats, social media and email can be difficult.  Whether you own a small startup or a large multinational corporation, customer relationshi

Read Full PostRead - Eye Icon
Ready for New Challenges
Innovation
29/06/2017Ready for New Challenges

Carlos Martín of MST Holding was delighted to receive the CTO of the Year – Spain accolade recently, after which we took the opportunity to profile the company and his crucial role within it.

Read Full PostRead - Eye Icon
Providing Excellent Compliance Solutions
Innovation
18/12/2017Providing Excellent Compliance Solutions

FMConsult is a specialist compliance, collective investment schemes, operational risk and investment risk management consultancy that services a whole host of financial services firms; primarily in the wealth management and asset management arena.

Read Full PostRead - Eye Icon
The Influence of Digital Footprints on Business Reputation and Trust
News
25/02/2025The Influence of Digital Footprints on Business Reputation and Trust

Although the internet creates new opportunities to reach consumers, it also introduces complications.

Read Full PostRead - Eye Icon
Long-Term Financing for Business Expansion
News
31/08/2023Long-Term Financing for Business Expansion

When growing a business, having the right financial resources is essential. Long-term financing is like having a steady ship to sail the vast seas of expansion. One such option that can provide stability and flexibility is a Term Loan. The article will dive de



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow