© 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 ABCs of Cybersecurity: How Small Businesses Can Safeguard Their Online Safety
News
25/01/2022The ABCs of Cybersecurity: How Small Businesses Can Safeguard Their Online Safety

Any business can be a target of hackers. Company size doesn't matter—as long as you have what cybercriminals want—you are their prey.

Read Full PostRead - Eye Icon
Unmatched Customer Experiences
Innovation
26/02/2019Unmatched Customer Experiences

2020 Companies is a sales and marketing agency who employs over 11,000 highly-skilled brand execution and consumer engagement experts who specialize in sales, training, merchandising, advocacy, and experiential marketing events. Recently, we caught up with Ste

Read Full PostRead - Eye Icon
Is Buy-to-Let a Good Idea in 2023?
News
16/08/2023Is Buy-to-Let a Good Idea in 2023?

For generations, property investment has been a go-to choice for individuals seeking a passive income stream, regardless of economic fluctuations. The onset of the COVID pandemic shed new light on this age-old strategy, showcasing its potential as rental costs

Read Full PostRead - Eye Icon
Closing The Gender Gap In Cybersecurity Could Boost UK Economy By £12.6bn
Leadership
20/03/2020Closing The Gender Gap In Cybersecurity Could Boost UK Economy By £12.6bn

Increasing the number of women working in cybersecurity could boost the UK economy by £12.6 billion according to a new report from Tessian, the human layer security company. The report also reveals that closing the 24% gender pay gap in the UK cybersecurity i

Read Full PostRead - Eye Icon
Stephen Lee – A Barrister -At-Law on the Case
Legal
31/08/2016Stephen Lee – A Barrister -At-Law on the Case

Based in Brisbane, I am a barrister, mediator and arbitrator. As a Barrister, I appear in courts and tribunals in both Australia and beyond, and I am qualified to appear in Australia, England and Wales and New York.

Read Full PostRead - Eye Icon
Closure of Polaris Private Equity IV at €300m
Finance
12/03/2015Closure of Polaris Private Equity IV at €300m

Polaris Private Equity (“Polaris”), the leading Danish/Swedish lower mid-market private equity investor, is pleased to announce that it has successfully completed a first closing of its fourth private equity fund – Polaris Private Equity IV – at DKK 2.

Read Full PostRead - Eye Icon
Enterprise Password Management: A Comprehensive Guide for Businesses
News
09/10/2023Enterprise Password Management: A Comprehensive Guide for Businesses

Enterprise password management is a crucial aspect of cybersecurity, focusing on securely controlling credentials for privileged accounts, services, systems, and applications. It is also known as privileged password management, and it helps businesses reduce r

Read Full PostRead - Eye Icon
Data Driven Transformation: Unblocking AI’s Boundless Potential
News
16/08/2023Data Driven Transformation: Unblocking AI’s Boundless Potential

Digital Realty has been recognised by Acquisition International magazine as Best Business Data Solutions Firm 2023 – UK, for its extraordinary capabilities in bringing companies and data together by delivering the full spectrum of data center, colocation, an

Read Full PostRead - Eye Icon
Ones to Watch for 2016
Finance
03/03/2016Ones to Watch for 2016

The goal of Directors Mortgage is to provide loans that best suit our clients’ needs. We accomplish this with professionalism and integrity.



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