© 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
Corporate Social Responsibility: 6 Tips for a Sustainable Business
Corporate Social Responsibility
26/01/2023Corporate Social Responsibility: 6 Tips for a Sustainable Business

Corporate social responsibility (CSR) is a business approach involving direct action to improve the environment, society, and economy. It can lead to higher profitability as socially responsible companies tend to attract more customers who are willing to pay a

Read Full PostRead - Eye Icon
6 of the Latest Digital Workflow Automation Developments Your Business Should Be Taking Advantage Of
News
21/08/20256 of the Latest Digital Workflow Automation Developments Your Business Should Be Taking Advantage Of

Digital workflow automation advancements save business owners time and money while supporting accuracy and helping them achieve goals with fewer team members. Companies that embrace automated processes are often more competitive and agile than their counterpar

Read Full PostRead - Eye Icon
Peace of Mind; Cloud is Key in Scaling Systems to Your Business Needs
Innovation
16/04/2024Peace of Mind; Cloud is Key in Scaling Systems to Your Business Needs

Meeting the demands of the modern-day SMB is one of the challenges facing many business leaders and IT operators today. Traditional, office-based infrastructure was fine up until the point where greater capacity was needed than those servers could deliver, ven

Read Full PostRead - Eye Icon
A Case in Point
Strategy
31/08/2016A Case in Point

Beyerlein Rechtsanwälte is a highly specialised law firm focusing on intellectual property on the one hand and life sciences (drugs, medical devices, food and food supplements, cosmetic products and so on) on the other hand.

Read Full PostRead - Eye Icon
Driving Tomorrow: LeddarTech’s Revolutionary Path in Automotive Software Technology
Innovation
19/12/2023Driving Tomorrow: LeddarTech’s Revolutionary Path in Automotive Software Technology

Founded in 2007, LeddarTech Inc is a global software company based in Québec City, that also has a strong presence in Montreal, Toronto, and Tel Aviv, Israel, thanks to its additional R&D centres in these locations.

Read Full PostRead - Eye Icon
Dogecoin is the new GameStop – Are investors going to get burned?
Finance
21/04/2021Dogecoin is the new GameStop – Are investors going to get burned?

Dogecoin has become the new GameStop, with frenzied trading potentially going to deliver a bloody nose to novice investors, warns the CEO of one of the world’s largest independent financial advisory and fintech organisations.

Read Full PostRead - Eye Icon
Innovative Business Concepts to Save Money
Finance
30/06/2021Innovative Business Concepts to Save Money

The ultimate goal of any business is to turn a profit. Here are five innovative business concepts you should explore to save money.

Read Full PostRead - Eye Icon
Popups for Ecommerce: What the Shop Floor Got Right
Innovation
24/08/2026Popups for Ecommerce: What the Shop Floor Got Right

Traffic is not the problem anymore Acquisition costs have been climbing for years, and every channel that once delivered cheap clicks now competes for the same shrinking pool of attention. Ad spend keeps rising while conversion rates hold roughly flat, which m

Read Full PostRead - Eye Icon
How to Choose a Business Name That Is Distinctive and Legally Available
Legal
11/06/2026How to Choose a Business Name That Is Distinctive and Legally Available

Your business name is the first thing customers, investors, and partners encounter, so it is worth getting right the first time. A strong name is memorable and on-brand, but it also has to be legally available: before you commit, you should check if your LLC n



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