Alamos Gold Launches NCIB To Buy Back Up To ~18.6M Shares, Representing 5% Of Public Float, Over 12 Months

Benzinga · 3d ago

All amounts are in United States dollars, unless otherwise stated.

TORONTO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Alamos Gold Inc. ((TSX:AGI, NYSE:AGI), (TSX:AGI, NYSE:AGI)) ("Alamos" or the "Company") today announced that it has filed with, and received acceptance from the Toronto Stock Exchange ("TSX") of, a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 18,580,120 Class A Common Shares ("Common Shares"), representing 5% of the Company's public float of the Common Shares, outstanding as at December 10, 2025. This represents approximately 4.4% of the Company's total issued and outstanding Common Shares, as at December 10, 2025. The Company's public float was 371,602,394 Common Shares and total issued and outstanding Common Shares was 419,834,202 Common Shares.

Alamos may purchase Common Shares under the Normal Course Issuer Bid over the twelve-month period beginning December 24, 2025 and ending December 23, 2026. Any purchases made under the Normal Course Issuer Bid will be effected through the facilities of the TSX, alternative Canadian trading systems and/or the New York Stock Exchange. The maximum number of Common Shares that Alamos may purchase on the TSX on a daily basis, other than pursuant to block purchase exceptions, is 296,678 Common Shares.

The price for any repurchased Common Shares will be the prevailing market price at the time of the purchase. All Common Shares purchased by Alamos will be cancelled. Purchase and payment for the Common Shares will be made by Alamos in accordance with the requirements of the TSX and applicable securities laws.