AuRico Metals closes bought deal equity financing and concurrent private placement with Alamos Gold

On August 22, 2016 AuRico Metals Inc. (TSX: AMI), (“AuRico”) announced the closing of its bought deal offering with a syndicate of underwriters co-led by National Bank Financial Inc. and Macquarie Capital markets Canada Ltd., and included Mackie Research Capital Corporation, Dundee Securities Ltd, Canaccord Genuity Corp., and Paradigm Capital Inc. The underwriters exercised the over-allotment option in full. A total of 11,500,000 common shares were sold at a price of C$1.00 per share. Alamos Gold Inc. exercise its participation right to maintain its pro rata interest pursuant to a concurrent private placement undertaken in connection with the bought deal offering for 1,272,611 common shares. As a result, AuRico, a mining royalty and development company, raised combined gross proceeds of C$12,772,611. AuRico was advised by a team of Fasken Martineau lawyers that included John Turner, Krisztián Tóth, Alex Nikolic, David Steinhauer, Reid Crombie and Jesse Bertollo.