Alamos Gold to buy Aurizon Mines for about C$780

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Alamos Gold to buy Aurizon Mines for about C$780

posted on Jan 14, 2013 06:54AM

by Thomson Reuters

Jan 14 (Reuters) - Alamos Gold Inc said it will buy Aurizon Mines Ltd for about C$780 million ($792.96 million) in cash and stock.

Alamos's offer price of C$4.65 per share represents a premium of 36 percent to Aurizon's Friday closing price of C$3.41 on the Toronto Stock Exchange.

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