© 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
What Turns a Simple Visit Into a Memorable Customer Experience
Innovation
23/04/2026What Turns a Simple Visit Into a Memorable Customer Experience

A customer can walk into a business, buy what they came for, and leave without much thought. The transaction is complete, the immediate need is met, and on paper the visit has done its job. But not every visit is remembered in the same way. Some are forgettabl

Read Full PostRead - Eye Icon
Hailstorms, Sudden Stops, and Highway Risk: A Safety and Liability Perspective
Legal
26/01/2026Hailstorms, Sudden Stops, and Highway Risk: A Safety and Liability Perspective

Anyone who has ever driven through a sudden hailstorm knows how jarring it can be. One moment, the road is clear, and the next, ice is pounding against your windshield and roof. The noise is startling, visibility drops fast, and many drivers react without thin

Read Full PostRead - Eye Icon
Worley confirms acquisition of offshore wind specialist 3sun Group
Innovation
28/10/2019Worley confirms acquisition of offshore wind specialist 3sun Group

Deal brings enhanced operations and maintenance offering to the global market.

Read Full PostRead - Eye Icon
6 Ways You Can Track Employee Hours Online
Strategy
18/01/20216 Ways You Can Track Employee Hours Online

Employee tracking provides accurate logging of employee hours, giving smarter insights not only into projected labor costs but also into employee efficiency and productivity. Accurate employee hours allow employers to generate more accurate payroll numbers to

Read Full PostRead - Eye Icon
Volterra launches distributed cloud platform for deploying, connecting and securing applications
Innovation
11/11/2019Volterra launches distributed cloud platform for deploying, connecting and securing applications

Company emerges from stealth with $50 million in top tier funding, 30 plus customers and new offerings: VoltStack and VoltMesh for integrating multi-cloud and edge environments.

Read Full PostRead - Eye Icon
How to Choose the Right BI Consulting Provider
News
02/12/2022How to Choose the Right BI Consulting Provider

As the volume and variety of data soar, enterprises require more advanced analytics tools. Therefore, increasingly more organizations upscale their investments in business intelligence (BI). According to Industry Research, the global BI market will reach $35,3

Read Full PostRead - Eye Icon
Building a Successful Upskilling Strategy
Strategy
21/12/2020Building a Successful Upskilling Strategy

How can businesses better support L&D in their organisations and build effective upskilling strategies to remain competitive?

Read Full PostRead - Eye Icon
The Dos And Don’ts Of Sending Money To Canada
Finance
12/08/2022The Dos And Don’ts Of Sending Money To Canada

Digitization has led to the development of smart ways of executing operations. Different industries benefit from digitization, and one of them is banking. Previously, you had to visit your bank physically to access your money. Today, you have a more convenient

Read Full PostRead - Eye Icon
Business Merger vs Consolidation: What’s The Difference?
M&A
24/09/2021Business Merger vs Consolidation: What’s The Difference?

With the continuously evolving economy, business mergers and consolidations are becoming more common. Often, there are also legalities involved in both processes, which makes it important to consult with law experts.



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