AuRico Metals Announces Alamos Gold’s Intention to Exercise Participation Right

http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1720-tsx/ami/23166-aurico-metals-announces-alamos-gold-s-intention-to-exercise-participation-right.html

TORONTO, Aug. 8, 2016 /CNW/ – AuRico Metals Inc. (TSX: AMI), (“AuRico” or the “Company”) reports that further to its previously announced bought deal with a syndicate of underwriters (the “Underwriters”) co-led by National Bank Financial Inc. and Macquarie Capital Markets Canada Ltd. under which the Underwriters have agreed to buy, on a bought deal basis, 10,000,000 common shares (“Common Shares”) at a price of C$1.00 per Common Share (the “Offering”), the Company is pleased to announce that Alamos Gold Inc. (“Alamos”) has indicated that it intends to exercise its participation right in full to maintain its pro-rata interest in AuRico in connection with the Offering.

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