© 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
An Innovation in Artificial Intelligence
Innovation
01/02/2021An Innovation in Artificial Intelligence

AI has already begun to revolutionize every aspect of our lives, with the potential offered by this new technology still relatively untapped. A company that is heavily invested in the development of AI and its uses throughout different industries is AI.io. Rec

Read Full PostRead - Eye Icon
UK Businesses Confess They Are Overwhelmed By Volume Of Data
Strategy
23/03/2020UK Businesses Confess They Are Overwhelmed By Volume Of Data

67% of organisations are struggling to access their data to make business decisions.

Read Full PostRead - Eye Icon
How to Manage Your Budget During Inflationary Times
Finance
20/04/2022How to Manage Your Budget During Inflationary Times

At this point, there is no getting away from the word inflation. Everyone is talking about it, many complaining about it, but do you know how to take action to survive it? Depending on your age range, you may or may not have experienced life in inflationary ti

Read Full PostRead - Eye Icon
Innovative Lessons from Cleaning Businesses During COVID
Innovation
14/10/2020Innovative Lessons from Cleaning Businesses During COVID

The clean freaks were right. There is something to be said for disinfecting the office every day — and the benefits have never been clearer. As businesses reopen, most are working to reassure customers that their offices are clean and safe. To do so, they're

Read Full PostRead - Eye Icon
It’s All About Educating the Mind
Leadership
10/10/2016It’s All About Educating the Mind

Neurocoaching was founded and built by Patricia López, a mentor-coach, and telecommunications engineer for more than 20 years. The company is focused on developing engineers, whether it be getting the know themselves, skills, beliefs, or achieving their goals

Read Full PostRead - Eye Icon
Enhancing Education
News
10/02/2023Enhancing Education

Award-winning Chatsworth Schools entered the private schools group market in 2018 with a passion for schools as learning communities and a commitment to excellence.

Read Full PostRead - Eye Icon
HMRC under fire for 11 ‘serious’ personal data breaches affecting over 20,000 people
Legal
09/12/2020HMRC under fire for 11 ‘serious’ personal data breaches affecting over 20,000 people

Law firm accuses taxman of ‘breath-taking incompetence’ over catalogue of data loss incidents affecting tens of thousands of members of the public.

Read Full PostRead - Eye Icon
Employment Law at its Finest
Leadership
18/06/2019Employment Law at its Finest

Flichy Grangé Avocats is a law firm specialising in employment law and social law for companies. Recently, it was awarded Most Outstanding Employment Law Firm 2018 – France for its work.

Read Full PostRead - Eye Icon
AccessibilityOz
Innovation
08/06/2016AccessibilityOz

AccessibilityOz is an accessibility consultancy based in Australia and the United States whose mission is to make organisations more accessible to people with disabilities.



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