© 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 You Need To Know Before Investing In Cryptocurrency
Finance
18/10/2021What You Need To Know Before Investing In Cryptocurrency

Cryptocurrencies are a two-edged sword that can either harm or make your finances. Before you start investing in cryptocurrency, you need a holistic knowledge of the marketplace.

Read Full PostRead - Eye Icon
AI-Based Resource Management
Innovation
21/06/2019AI-Based Resource Management

Can Do has been one of the leading providers of solutions for resource and project management for almost an impressive 20 years.

Read Full PostRead - Eye Icon
Serry Law Office
Legal
22/05/2015Serry Law Office

Serry Law Office was established in 1937 and has been offering corporate and real estate legal services in the Arab Republic of Egypt for many of the leading national and multinational companies.

Read Full PostRead - Eye Icon
How to Write a Grant Proposal For Non-Profit Projects
Legal
10/11/2022How to Write a Grant Proposal For Non-Profit Projects

Grant writing can be a daunting task. If you’ve never written a grant proposal before the idea of putting one together can be overwhelming. This article will cover the proposal writing process from start to finish, with tips and best practices along the way.

Read Full PostRead - Eye Icon
Mantacore Renamed Keylane Nordics
Strategy
26/05/2015Mantacore Renamed Keylane Nordics

Mantacore has taken the strategic decision to re-brand and now calls itself Keyland Nordics

Read Full PostRead - Eye Icon
The Passive Income Power of Rental Properties For Investment Yields
News
06/11/2023The Passive Income Power of Rental Properties For Investment Yields

Delving into the realm of real estate investments can yield significant profits, with rental properties being a prevalent method to garner passive income. This comprehensive article will examine the opportunities of generating passive income through real estat

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
What Makes Employee Experience Management Effective?
Leadership
21/03/2023What Makes Employee Experience Management Effective?

Employee experience management is the process of managing the experience of employees. It involves empathy and understanding employees' needs, which can help you improve business performance.

Read Full PostRead - Eye Icon
Who Are the Best Credit Rating Agencies?
News
16/08/2024Who Are the Best Credit Rating Agencies?

Credit rating agencies (CRAs) play a critical role in financial markets by providing a standardized assessment of an entity’s creditworthiness. These appraisals estimate the level of risk involved with investing in debt instruments, including bonds, pref



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