Article: Alamos Gold Inc. to Acquire Agi Dagi and Kirazli Gold Projects in Northwestern Turkey.

Article from:
Marketwire Canada
Article date:
September 23, 2009
Copyright

TORONTO, ONTARIO, Sep 23, 2009 (Marketwire via COMTEX) -- Alamos Gold Inc. (TSX:AGI) ("Alamos" or the "Company") is pleased to announce it has entered into a Memorandum of Understanding providing for Alamos to acquire 100% of the Agi Dagi and Kirazli gold projects from Fronteer Development Corp. ("Fronteer") (TSX:FRG)(NYSE Amex:FRG) and Teck Resources Limited ("Teck") (TSX:TCK.B)(NYSE:TCK), through the acquisition of certain Turkish subsidiaries held by Teck and Fronteer.

Alamos is to pay a total of US$40 million and issue a total of four million shares to the vendors in consideration for these two projects. In addition to statutory compensation that may apply to ... 







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... ... drill rigs have been mobilized to the Agi Dagi Gold Project in western Turkey and have ... program is to expand the known resources at Agi Dagi, and concurrently move the project towards pre-feasibility. Presently, the Agi Dagi Project comprises two separate resource ... 







   
 




  




 

    

 
 
   
 


   
  
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