Allied Gold Corp. announces that the over-allotment option relating to the overnight marketed public offering of common shares has been exercised and the offering was completed today. The over-allotment shares were issued pursuant to the short form prospectus supplement dated October 3, 2024, to the Company's short form base shelf prospectus dated October 1, 2024. This press release is not an offer or a solicitation of an [...]
Allied Gold Corp. is pleased to announce that it has closed its previously announced overnight marketed public offering of common shares. Pursuant to the Offering, the Company issued 62,000,000 common shares in the capital of the Company at a price of C$3.10 per Share for aggregate gross proceeds of C$192,200,000. The Offering was completed through a syndicate of underwriters co-led by Canaccord Genuity Corp. and National [...]
Allied Gold announces that, in connection with its previously announced overnight marketed public offering, it has entered into an underwriting agreement with Canaccord Genuity Corp. and National Bank Financial Inc., as co-lead underwriters and a syndicate of underwriters including CIBC Capital Markets, Stifel Nicolaus Canada Inc., BMO Capital Markets, SCP Resource Finance LP and Hannam & Partners, to sell up to [...]
Allied Gold Corp. announces that it has filed a preliminary short form prospectus supplement in all of the provinces of Canada pursuant to the Company's base shelf prospectus dated October 1, 2024, in connection with an overnight marketed public offering of common shares of the Company. The Offering is expected to be completed pursuant to an underwriting agreement to be entered into between the Company and Canaccord [...]
Allied Gold Corp. is pleased to announce that its common shares will commence trading today on the OTCQX Best Market under the ticker symbol of AAUCF. The OTCQX Best Market is the highest market tier of OTC Markets on which 12,000 U.S. and global securities trade. Trading on OTCQX is expected to enhance the visibility and accessibility of the Company to U.S. investors. Allied's common shares will continue to trade on the [...]
Allied Gold Corp. announces that it has settled the terms of a definitive protocol agreement with the Government of Mali, the execution of which is pending. The Protocol Agreement provides for the renewal of the Exploitation Permit for the Sadiola Gold Mine, the advancement of the development and processing of the nearby Korali-Sud deposit, and the continued development of the phased expansion of the Sadiola Gold Mine [...]
Allied Gold Corp. is pleased to announce that Kurmuk Gold Mine PLC , its subsidiary that owns the Kurmuk Gold Project in Ethiopia, has entered into a definitive Power Purchase Agreement with Ethiopian Electric Power to secure a reliable, competitive, and sustainable energy supply for the Kurmuk Gold Project throughout the life of the mine. This is an important milestone in the project's development, as a steady supply of [...]
Allied Gold Corp. is pleased to announce the closing of its previously announced streaming transaction with Triple Flag International Ltd., a wholly-owned subsidiary of Triple Flag Precious Metals Corp. . Under the terms of the Stream Transaction, Allied has received a US$53 million upfront cash payment and will receive ongoing payments equal to 10% of the spot gold price for a portion of its production. Triple Flag will [...]
Allied Gold Corp. is herein reporting its financial and operational results for the second quarter of 2024. During the quarter, the Company produced 88,135 gold ounces and sold 84,611 oz at total cost of sales, cash costs and all-in sustaining costs per oz sold of $1,547, $1,355, and $1,498, respectively. Importantly, Allied continues to deliver on its sustainable production base at sequentially lower costs, and has made [...]
Allied Gold Corp. is pleased to announce that it has entered into a streaming transaction with Triple Flag International Ltd., a wholly-owned subsidiary of Triple Flag Precious Metals Corp. . Under the terms of the agreement, Allied will receive a US$53 million upfront cash payment and an ongoing payment equal to 10% of the spot gold price. Triple Flag will have the right to purchase 3% of the payable gold produced at [...]
Allied Gold Corp. will release its second quarter 2024 operational and financial results after the market closes on Thursday, August 8, 2024, Eastern Daylight Time . The Company will then host a conference call and webcast to review the results on Friday, August 9, 2024, at 9:00 a.m. EDT. Second Quarter 2024 Conference Call Toll-free dial-in number : 1-800-898-3989 Local dial-in number: 416-406-0743 Toll Free [...]
Allied Gold Corp. has released its 2023 Sustainability Report, outlining how the Company views and integrates sustainability into its business strategy across its operations, projects and offices. Allied is committed to operating responsibly and creating shared value for all stakeholders, with a focus on respecting human rights, enhancing community health and safety, creating employment, development and inclusion [...]