AuRico Metals Announces Private Placement with Alamos Gold
Toronto (ots/PRNewswire) - AuRico Metals Inc. , ("AuRico" or the "Company") is announcing a private placement with Alamos Gold ("Alamos") whereby Alamos will purchase 8,000,000 AuRico Metals shares at a per share price of C$0.70 for total proceeds of C$5,600,000. Together with the 5,767,855 shares Alamos already owns in AuRico Metals, Alamos now controls 10.9% of the issued and outstanding shares of the company. "We are ...