Allied Gold Corp. announces that, following the requisite approval of the Company's shareholders at the 2025 Annual General and Special Meeting of Shareholders held earlier today, the Company's board of directors has approved the consolidation of the Company's issued and outstanding common shares on the basis of one post-Consolidation Common Share for every three pre-Consolidation Common Shares held. The Consolidation is [...]
Allied Gold Corp. herein announces the results of the votes cast at the annual and special meeting of shareholders of the company held today for the election of directors, the appointment of auditors, and the approval of the share consolidation. Detailed results of the votes are presented below. Voting results for the election of directors are as follows: Votes By Poll Outcome of Vote Votes For Votes Withheld John [...]
Allied Gold Corp. reports first quarter of 2025 production of 84,040 gold ounces at total cost of sales, cash costs and All-in Sustaining Costs per ounce sold of $1,838, $1,656, and $1,811, respectively. Production and costs were aligned with mine plans, positioning the Company to meet its guidance for the year. Sales of 131,520 gold ounces included 48,939 gold ounces of gold produced from Korali-Sud that were in [...]
Allied Gold Corp. will release its first quarter 2025 operational and financial results after the market closes on Wednesday, May 7, 2025. The Company will then host a conference call and webcast to review the results on Thursday, May 8, 2025, at 8:30 a.m. EST. First Quarter 2025 Conference Call Toll-free dial-in number : 1-800-898-3989 Local dial-in number: 416-406-0743 Toll Free : 00-80042228835 Participant passcode [...]
Allied Gold is pleased to announce that its previously announced public offering of 15,000,000 common shares of the Company at a price of C$5.35 per share, and the concurrent sale under a block trade of 15,000,000 common shares of the Company by a significant shareholder holding over 10 per cent of the outstanding shares at a price of C$5.35 per share have been completed. The Offering was completed by the Company through [...]
Allied Gold is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. and National Bank Financial, as co-lead underwriters and co-lead bookrunners on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate of 15,000,000 common shares of the Company at a price of C$5.35 per Share for aggregate gross proceeds to [...]
Allied Gold announces that it will not proceed with the previously announced private placement with Ambrosia Investment Holding as certain conditions precedent to the completion of the private placement were not secured. As the $3.40 price protection provided by the Toronto Stock Exchange for the private placement was set to expire, the Company chose not to request a further extension of the period for closing at that [...]
Allied Gold is herein reporting its unaudited financial and operational results for the fourth quarter of 2024. Fourth quarter production of 99,632 ounces of gold was in line with the Company's previous guidance of 98,000 ounces to 102,000 ounces and is the highest production by quarter of the year and since the Company was taken public. This strong performance resulted in a full-year production of 358,090 ounces, 4 [...]
Allied Gold is pleased to announce a strategic partnership with Ambrosia Investment Holding, marking a significant move to realizing immediate value from its Sadiola mine in Mali, while significantly bolstering the Company's financial strength and adding an influential partner endorsing Allied's strong growth trajectory. The Partnership will leverage the regional, national, and continental understanding and influence of [...]
Allied Gold herein provides its 2025 operating guidance and medium-term outlook, including updates to Mineral Reserves and Mineral Resources. Highlights The Company's producing mines are expected to produce between 375,000 and 400,000 gold ounces per year, as evidenced by the run rate delivered in the fourth quarter of 2024 of 99,632 gold ounces, which is consistent with Allied's previously provided guidance and outlook [...]
Allied Gold Corp. herein provides its preliminary operating results for the fourth quarter ending December 31st, 2024. Operational Highlights Q4 Gold Production: The Company produced 99,632 ounces of gold in Q4, well in line with previously issued production guidance of 98,000 to 102,000 ounces. This result is consistent with Allied's previous outlook and guidance that annual production from its producing mines is [...]
Allied Gold Corp. is pleased to announce the receipt of the first construction payment under its previously announced US$175 million streaming agreement with Wheaton Precious Metals International Ltd., a wholly owned subsidiary of Wheaton Precious Metals Corp. . The first of the four planned payments from Wheaton is in the amount of US$43,750,000 and the funds have been made available upon Allied satisfying the relevant [...]