The merger is anticipated to unlock substantial value with i...

Moomoo AI Mar 27, 2024 20:25

The merger is anticipated to unlock substantial value with immediate and long-term synergies estimated at $515 million. The inclusion of Magino is expected to boost Alamos' combined gold production to over 600,000 ounces annually, with a long-term production potential of over 900,000 ounces per year.

Alamos Gold to Buy Argonaut Gold, Spin-off Argonaut's Assets in U.S. and Mexico

Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates. Read more