© 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
Economist Keith Wade Gives Outlook on US Economy
Finance
13/02/2015Economist Keith Wade Gives Outlook on US Economy

Schroders Chief Economist, Keith Wade gives his view on the outlook for the US economy ahead of the release of retail sales and consumer confidence data later this week.

Read Full PostRead - Eye Icon
8 Reasons Why Your Business Needs a Terms and Conditions Agreement on Your Website
Legal
01/02/20228 Reasons Why Your Business Needs a Terms and Conditions Agreement on Your Website

We’ve all seen terms and conditions agreements. They’re those things you click past when you’re updating iTunes. Unless you’re on the side that’s setting those terms, you probably don’t pay them much attention. That’s okay. I won't judge you.

Read Full PostRead - Eye Icon
Finix Review: Is This Payment Processor Worth It?
Finance
20/05/2026Finix Review: Is This Payment Processor Worth It?

The question of “is a payment processor worth it” does not have a universal answer. The answer depends on the type of business asking, the stage of the business, and what payments work the business intends to internalise. For a one-person shop sell

Read Full PostRead - Eye Icon
How to Prep a Bank Ready SBA Loan Package
Finance
24/08/2026How to Prep a Bank Ready SBA Loan Package

Securing approval for a Small Business Administration loan comes down to eliminating friction before an underwriter ever sees your file. There are roughly 150 to 200 SBA 7a applications processed every day, yet nearly half of all applicants get turned away due

Read Full PostRead - Eye Icon
Nine UK fast growth businesses visit Chile and Argentina
Innovation
05/04/2018Nine UK fast growth businesses visit Chile and Argentina

Nine UK fast growth businesses visit Chile and Argentina on latest Santander trade mission.

Read Full PostRead - Eye Icon
Three Entrepreneurs Who Take Sustainability Seriously
Corporate Social Responsibility
15/11/2016Three Entrepreneurs Who Take Sustainability Seriously

In the past year, sustainability has been a growing topic of interest for businesses around the world. With the Paris Agreement fresh on people’s minds, environmental sustainability is no longer a thing of moral grounds, something simply to work towards in t

Read Full PostRead - Eye Icon
Aligning Interests
Finance
07/05/2019Aligning Interests

AppleTree Capital LLP is an awarded independent financial advisor, specializing in Emerging Markets and Absolute Return strategies. Recently, we profiled the firm and spoke to Managing Directors, Michael Nicoletos and Dimitris Apistoulas who provided us with a

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
Canva Study Reveals Data Paradox: 78% Experience Data Anxiety Despite Training
News
04/06/2025Canva Study Reveals Data Paradox: 78% Experience Data Anxiety Despite Training

Global survey of more than 2,400 marketing and sales professionals reveals that while data dependency is growing, data competence lags, hindering productivity.



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