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Client Work

Alamos Gold completes US$83.3 million bought deal financing

Fasken
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Overview

Client

Alamos Gold

On February 17, 2009, Alamos Gold Inc. (TSX: AGI) announced that it had closed its previously announced bought deal equity financing, including $8,080,000 of the underwriters' over-allotment option, for aggregate gross proceeds to Alamos of $83,280,000. A syndicate of underwriters, led by BMO Nesbitt Burns Inc. and including GMP Securities L.P., RBC Dominion Securities Inc., Macquarie Capital Markets Canada Ltd., TD Securities Inc., CIBC World Markets Inc., UBS Securities Canada Inc., Fraser Mackenzie Limited, Genuity Capital Markets, Haywood Securities Inc., Paradigm Capital Inc. and Salman Partners Inc. purchased an aggregate of 10,410,000 common shares of Alamos at a purchase price of $8.00 per share. The total number of common shares purchased included 1,010,000 common shares issued upon partial exercise of the underwriters' over-allotment option. Alamos is a Canadian-based gold producer with operations, exploration and development activities in Mexico. The net proceeds of the financing will be used by Alamos to provide it with the financial flexibility to pursue growth opportunities, for working capital and general corporate purposes. The underwriters were advised in this transaction by a team from Fasken Martineau which included, among others, John Turner, John Sabetti, Krisztian Toth, Alex Nikolic and Jeff Hergott.

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