Argonaut Gold Shareholders and Alio Gold Securityholders Approve Merger to Create North American Diversified Intermediate Gold Producer

Argonaut Gold and Alio Gold

TORONTO and VANCOUVER, British Columbia , May 20, 2020 (GLOBE NEWSWIRE) — Argonaut Gold Inc. (“Argonaut” or “Argonaut Gold”) (TSX: AR) and Alio Gold Inc. (“Alio” or “Alio Gold”) (TSX, NYSE-A: ALO) are pleased to announce that Argonaut shareholders and shareholders and certain securityholders of Alio approved all matters voted on at their respective annual general and special meetings held earlier today, including approving the transaction announced on March 30, 2020 to combine companies, creating a diversified, North American intermediate gold producer.

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