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Alamos Gold to Acquire GFG Resources' Securities to Maintain 10.8% Stake
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Alamos Gold to Acquire GFG Resources' Securities to Maintain 10.8% Stake
Oct 16, 2025 6:17 AM

08:47 AM EDT, 10/16/2025 (MT Newswires) -- Alamos Gold ( AGI ) has agreed to acquire GFG Resources' premium flow-through units and flow-through shares to retain its 10.8% stake in GFG upon completion of an offering, the latter said Thursday.

GFG intends to issue up to 13.5 million of its premium units at 0.22 Canadian dollars ($0.16) apiece and up to 5.4 million of its flow-through shares at CA$0.19 apiece for gross proceeds of about CA$4 million, the company said.

GFG said it expects to close the offering around Nov. 3.

Alamos shares were 1.5% higher in recent Thursday premarket activity.

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