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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

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All amounts are in United States dollars, unless otherwise stated.

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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

All amounts are in United States dollars, unless otherwise stated.

1 day ago

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the deep dive

Alamos Gold Sells Off Quartz Mountain Gold Project For $21 Million, Equity Interest

Alamos Gold (TSX: AGI) has agreed to sell off one of its non-core assets to Q-Gold Resources (TSXV: QGR) as the company looks to monetize certain of its assets. The transaction will see Q-Gold acquire the Quartz Mountain Gold project in Oregon. Consideration for the project is said to consist of $21 million in cash and common shares, plus a 9.9% interest in Q-Gold. The $21 million figure will see $2.85 million in cash paid up front, alongside $8…

16 hours ago

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