Alamos Gold Announces the Sale of Its Turkish Development Projects for Total Cash Consideration of $470 Million - Alamos Gold (NYSE:AGI)
Alamos Gold secures $470 million in cash with payments over two years, resolving arbitration with Turkey and reducing debt to enhance North American project investments.
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13 Articles
Alamos Gold Announces the Sale of its Turkish Development Projects for Total Cash Consideration of $470 million - Alamos Gold (NYSE:AGI)
All amounts are in United States dollars, unless otherwise stated. TORONTO, Sept. 14, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI), (TSX:AGI; NYSE:AGI) (together with its direct and indirect subsidiaries, "Alamos" or the "Company") today announced that its wholly owned Netherlands subsidiaries, Alamos Gold Holdings Coöperatief U.A. and Alamos Gold Holdings B.V. (the "Netherlands Subsidiaries"), have entered into a definitive agr…
Alamos sells Turkish development assets for $470 million – Resource World Magazine
Alamos Gold Inc. [AGI-TSX, NYSE] has announced the sale of its Turkish development projects for $470 million. The Kirazli, Agi Dagi and Camyurt projects, located in Northwest Turkey have been sold to Tumad Madencilik Sanayi ve Ticaret A.S. (Tumad), a mining company operating in the Republic of Turkey. The purchase price is payable in three installments as follows: $160 million upon closing, US$160 million in the first anniversary of closing and $
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