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Alamos Gold Inc. Completes CDN $30M Financing.


TORONTO -- Alamos The name Álamos can refer to the following:
  • Álamos, Guanajuato
  • Álamos, Sonora
  • Alamos, the band
  • The plural form of The Alamo
 Gold Inc. ("Alamos Gold") (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
:AGI (Artificial General Intelligence) A machine intelligence that resembles that of a human being. Considered impossible by many, most artificial intelligence (AI) research, projects and products deal with specific applications such as industrial robots, playing chess, ) announces the closing of a public offering of 10,000,000 common shares at $3.00 per share for gross proceeds of $30,000,000. The underwriters were paid a cash commission of 5% of the gross proceeds of the offering.

Net proceeds Net Proceeds

The amount received after all costs are deducted from the sale of a piece of property or security.

Notes:
In the case of an investor selling a security, net proceeds represent the proceeds from the sale minus any trading costs (i.e. commissions).
 of the offering will be used to assist in funding the development of the Mulatos Project in Sonora, Mexico. Additional net proceeds will be used for exploration, working capital and general corporate purposes.

The common shares will begin trading today on the Toronto Stock Exchange Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
. Alamos Gold common shares trade on the TSX under the symbol "AGI"

The securities offered have not been and will not be registered under the Securities Act of 1933, as amended (the "U.S. Securities Act"), and may not be offered or sold in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities law. Certain of the information contained in this news release constitute "forward-looking statements". Such forward-looking statements include the company's expectations related to the closing of the private placement and the use of proceeds. Forward looking statements are not statements of historical fact and factors may cause the actual results, performance or achievements of the Company to be materially different from those set forth in such statements.

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 2, 2004
Words:247
Previous Article:GlobalNet Corporation Announces $14 Million Preferred Stock Cancellation; Additional $1.2 Million Funding Received.
Next Article:Liberty Corporation Reports Third Quarter Results.



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