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Stock impact report

Alamos Gold Announces the Sale of Quartz Mountain Gold Project for Total Consideration of up to $21 million and 9.9% Equity in Q-Gold Resources

Alamos Gold Inc. Class A Common Shares (AGI) 
Last alamos gold inc. class a common shares earnings: 4/29 05:00 pm Check Earnings Report
Company Research Source: GlobeNewswire
All amounts are in United States dollars, unless otherwise stated. TORONTO, April 03, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) announced today that it has entered into a binding agreement to sell its non-core Quartz Mountain Gold Project (“Quartz Mountain”) located in Lake County, Oregon to Q-Gold Resources Ltd. (TSXV:QGR) (“Q-Gold”) for total consideration of up to $21 million and a 9.9% equity interest in Q-Gold (the “Transaction”). The Transaction is comprised of the following: i.$2.85 million in cash and 9.9% of common share equity in Q-Gold upon closing of the Transaction    ii.$8.15 million of Guaranteed Payments in cash or common shares, at Alamos’ election, as follows:      ?$3.15 million payable one year after the closing of the Transaction  ?$2.5 million payable two years after the closing of the Transaction  ?$2.5 million payable three years after the closing of the Transaction    iii.$10 million of Milestone Payments in c Show less Read more
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