Alamos Gold Declares Semi-Annual Dividend
September 30 2013 - 2:21PM
Marketwired
All amounts are in United States dollars, unless otherwise
stated.
Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) ("Alamos" or the "Company")
is pleased to announce that as part of the Company's long-term
strategy to maximize shareholder value, the Company's Board of
Directors has declared a semi-annual dividend of US$0.10 per common
share. The dividend is payable on October 31, 2013 to shareholders
of record as of the close of business on October 15, 2013. This
dividend qualifies as an "eligible dividend" for Canadian income
tax purposes.
This represents the Company's 8th consecutive semi-annual
dividend and once again demonstrates its commitment to returning
value to shareholders. Including the current dividend, the Company
has paid a total of $71.1 million in dividends to shareholders over
the past four years.
About Alamos
Alamos is an established Canadian-based gold producer that owns
and operates the Mulatos Mine in Mexico, and has exploration and
development activities in Mexico and Turkey. The Company employs
more than 600 people and is committed to the highest standards of
sustainable development. Alamos has approximately $430 million in
cash and cash equivalents, is debt-free, and unhedged to the price
of gold. As of September 30, 2013, Alamos had 127,708,986 common
shares outstanding (138,248,848 shares fully diluted), which are
traded on the TSX and NYSE under the symbol "AGI".
The TSX and NYSE have not reviewed and do not accept
responsibility for the adequacy or accuracy of this release. No
stock exchange, securities commission or other regulatory authority
has approved or disapproved the information contained herein.
Contacts: Alamos Gold Inc. Scott K. Parsons Manager, Investor
Relations (416) 368-9932 x 439
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