Minera Alamos Inc. is pleased to announce that it has entered into a binding letter agreement with ePower Metals Inc. dated April 22nd, 2019 that outlines the terms and conditions upon which Minera Alamos will assign its option rights to acquire the Guadalupe de los Reyes gold property in exchange for approximately 19.8% of the outstanding ePower common shares and certain other rights related to the development of Los [...]
Minera Alamos Inc. is issuing a correction to its previously disseminated press release dated March 4, 2019 . The Initial Press Release announced the closing of the previously announced non-brokered private placement for aggregate proceeds of $4,934,750 through the issuance of 49,347,500 common shares of the Company , as well as payment of cash commissions totaling $276,600 and the issuance of 2,862,000 6finder's warrants [...]
Minera Alamos Inc. is pleased to announce, further to its press release dated February 26, 2019, that it has closed the non-brokered private placement offering of 49,347,500 common shares of the Company at a price of $0.10 per Common Share for aggregate gross proceeds of $4,934,750 . The Offering included participation of existing institutional investors. As a result, the Donald Smith Value Fund increased its ownership in [...]
Minera Alamos Inc. cordially invites you to visit with Company representatives on Sunday, March 3rd and Monday, March 4th at Booth #2423A within the Investors Exchange at the 2019 Prospectors & Developers Association of Canada Convention to be held at the Metro Toronto Convention Centre. The Red Cloud 2019 Pre-PDAC Mining Showcase will be held on Friday, March 1 at the Omni King Edward Hotel. Minera will have a company [...]
Minera Alamos Inc. is pleased to announce that it is undertaking a non-brokered private placement offering for aggregate proceeds of up to C$5 million . Pursuant to the Offering, the Company may issue an aggregate of up to 50,000,000 common shares at a price of CDN$0.10 per Share . There are no warrants being issued as part of this offering. All shares issued under the Offering will be subject to a four month hold period [...]
Minera Alamos Inc. is pleased to report a further gold sale from residual leaching of its 50,000 t bulk leach test at the Santana gold project in Sonora, Mexico. A gold/silver sale for the 162 oz of contained gold and 54 oz of contained silver was made resulting in net proceeds of US$213,000 received by the Company. Although the majority of the recoverable gold has now been extracted from the bulk test material, limited [...]
Minera Alamos Inc. cordially invites you to visit with Company representatives at Booth #838 at the Vancouver Resource Investment Conference to be held at the Vancouver Convention Centre West on Sunday, January 20th - Monday, January 21st, 2019. Minera looks forward to updating shareholders and conference attendees alike on its aggressive plans for 2019, following the conclusion of a highly successful 2018 and especially [...]
Minera Alamos Inc. is pleased to provide an update of its 2018 development activities at the La Fortuna gold project located in Durango, Mexico. "As one of two foundational assets that have been rapidly advanced this year, La Fortuna now has key permitting and technical milestones in place. This provides a path to a commercial production decision in the second half of 2019," commented Darren Koningen, Chief Executive [...]
Minera Alamos Inc. is pleased to announce it has obtained $2 million of early funding in connection with its previously announced royalty agreement through the execution of a secured senior convertible loan agreement with Osisko Gold Royalties Ltd. . The Loan may be converted into a 1% NSR on the La Fortuna gold project pursuant to the Royalty Option Agreement entered into with Osisko in May 2017, as detailed below [...]
Minera Alamos Inc. is pleased to provide an update of its 2018 development activities at the Santana gold project located in Sonora, Mexico. Since the project was acquired as part of the merger completed in April this year with Corex Gold, the Company has aggressively advanced the Santana project. "As the year draws to a close the Minera Alamos team has made excellent progress at Santana in anticipation of what we expect [...]
Minera Alamos Inc. is pleased to announce that it has received a positive notification from the Mexican environmental authorities regarding the Company's permit application for the development of the La Fortuna Gold Project . The notification confirms the successful completion of the technical review phase of the Company's application for the change of land use to construct mining and processing facilities at the Fortuna [...]
Minera Alamos Inc. is pleased to report that additional mapping and surface sampling of the new Divisadero porphyry discovery has successfully delineated a significant surface exposure of the target which remains open in all directions. To date, a combination of outcrop and limited outcrop/float samples have confirmed the expression of the known porphyry system for over 300 m before it disappears under soil cover . This [...]